The Sri Lanka Cricket board announced that the Mahindra Sri Lankan Premier League (SLPL) 2013 scheduled to commence on 10th August 2013 will not take place.
In a short statement, the board said that the showpiece has been cancelled due to the fact that the Franchisees have failed to pay the Franchise Consideration for this year.
It also said that they have failed to deposit with Sri Lanka Cricket the bank guarantees to secure the player payments.
In the circumstances the Mahindra SLPL 2013 will not take place, the Cricket board said.
The first SLPL was held last year. The Cricket Board said it will organize an Inter Province T20 Cricket Tournament in place of SLPL and the winning team to represent Sri Lanka at the Champions League in India. (Colombo Gazette)