In a recent post on Facebook, former Manager of the Sri Lanka Cricket team and ex-national cricketer, Charith Senanayake, expressed his worries about the current state of the franchise cricket league in Sri Lanka.
He pointed out that while other countries have turned franchise cricket into major sporting events, in Sri Lanka, it has become more like a "Ponsi" League.
Senanayake highlighted concerns about some of the league's sponsors, including MTFE Trading, which is not under valid regulation by any regulators to provide investment services. He also warned investors about BFICOIN's involvement in ponzi schemes and questioned the safety of B Love Network Application due to various red flags found on their site.
The former manager stressed the importance of conducting a legitimate tournament for the benefit of cricket and the country but urged caution against associating with dubious financial networks.