Termination of Colombo Strikers and Jaffna Kings franchise partnerships

Wednesday, 30 April 2025 00:06 - - {{hitsCtrl.values.hits}}

Sri Lanka Cricket (SLC), as the owner of the Lanka Premier League (LPL), together with the IPG Group, the event rights holder of the LPL have officially terminated the franchise partnerships of two teams Colombo Strikers and Jaffna Kings.

A media release to this effect says:

The IPG Group has formally communicated to SLC that the terminations have been affected due to the respective franchises’ failure to fulfil their contractual obligations as stipulated under the agreements entered into at the commencement of their participation in the league.

Consequent to the above, the forthcoming edition of the Lanka Premier League will feature franchises representing Colombo and Jaffna under new ownership.

As the event rights holder, the IPG Group retains the exclusive rights over the LPL franchise teams and, accordingly, is vested with the authority to transfer and/or assign the ownership rights of the said franchises to interested parties.

Sri Lanka Cricket and the IPG Group remain committed to upholding the integrity, standards, and success of the Lanka Premier League and look forward to an exciting upcoming season with renewed participation.

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