The Annual Tournament Grant given to Major Clubs to compete in the SLC conducted Major Club Tournament across all formats will be increased by another LKR 2.5 million per club, effective from the current year, Sri Lanka Cricket Board said on Thursday(26).
With this increase, each club will receive an annual grant of LKR 27.5 million to be utilized during the ongoing Major Club season.
The increase was affected taking into consideration the current economic climate in the country.
Accordingly, SLC will invest a total of LKR 715 million as ‘Tournament Grants’ for the Major Clubs during this year.
Grants for 09 Major Clubs
Meanwhile a decision was taken to grant LKR 5 million each to 09 Major Clubs who have their own grounds, a SLC release on Thursday(26) said.
The grant is aimed at helping those clubs to maintain and enhance their grounds and infrastructure.