LPL terminates 2020 champion franchise Jaffna Stallions
The franchise will be one of three, along with Colombo and Dambulla, to have new owners for the tournament's second edition
- Despite having been one of only three franchises to have fulfilled their financial commitments for 2020 (this was confirmed by tournament organisers), they have been "unfairly treated" by the LPL.
- The LPL's first edition was conducted without a serious commitment to transparency, particularly as at least two franchises were being underwritten by the organisers themselves.
- Their refusal to pay the franchise fees for the second edition of the tournament this far out was because of the uncertainty surrounding the tournament. They claim they had been required to make payments sometime in the middle of this year, despite their suspicion that the league would be postponed, which it ultimately was.
- That their prize money for winning the inaugural edition had been delayed for months.
- Stallions had not appropriately paid their fees in the first edition either (which Stallions' ownership vehemently deny).
- That the Stallions have not paid their fee for the second edition, when two other teams (Galle Gladiators and the new Dambulla franchise) already have.
- That the Know Your Customer (KYC) details that the Stallions submitted to both tournament organisers and the ICC were convoluted, because they included as many as 14 owners.
Andrew Fidel Fernando is ESPNcricinfo's Sri Lanka correspondent. @afidelf