Innovative Production Group (IPG), the tournament rights holder of
the Lanka Premier League (LPL), in consultation with Sri Lanka Cricket (SLC), has terminated the
franchise agreement with Sports Commune, which granted franchise rights of the Jaffna Kings.
The termination follows the franchisee's inability to fulfil its financial obligations under the
terms of the franchise agreement. As a result, all rights relating to the Jaffna Kings franchise
have reverted to IPG, which, together with Sri Lanka Cricket, has assumed full operational
control of the team.
IPG confirms that the 6th edition of the LPL will proceed as scheduled and Jaffna Kings will
continue to participate in the tournament under the same name, with no changes to the squad,
tournament format, or match schedule.
To ensure the uninterrupted operation of the franchise, IPG and Sri Lanka Cricket have taken
complete responsibility for all player, coaching staff, and support staff contracts. The organizers
also confirm that all logistical arrangements for the team have been secured, ensuring the
squad is intact for the tournament.
Furthermore, approximately 90% of all player and staff payments have already been
completed, with the remaining payments to be settled in accordance with contractual
commitments.
IPG and Sri Lanka Cricket remain committed to delivering a successful sixth edition of the Lanka
Premier League while upholding the highest standards of professionalism, integrity and
transparency for players, teams, commercial partners, and fans.
"While this was a difficult decision, our priority has always been to protect the integrity of the
Lanka Premier League and ensure complete stability for our players, coaches, partners, and
fans,” Anil Mohan, CEO, IPG said.
“Together with Sri Lanka Cricket, we have acted swiftly to ensure the Jaffna Kings continue to
participate in the tournament without disruption. We want to assure everyone that all
operational matters, including player contracts, staff commitments, and team logistics, are
being managed seamlessly. The sixth edition of the LPL will proceed as planned, and we remain
fully committed to delivering another successful and world-class tournament.
Be the first to comment