The ICC formally withdraws Sri Lanka’s hosting rights for the inaugural Women’s Champions Trophy, a move that a report says will leave the country facing an estimated loss of at least USD 20 million (about Rs 188 crore). The decision is tied to Sri Lanka no longer staging the tournament as planned.

The outlet reporting on the issue frames the development primarily in terms of financial impact, citing the scale of expected revenue loss. Other details—such as the stated reasons for the ICC’s decision, any alternative hosting arrangements, or whether Sri Lanka receives compensation—are not specified in the provided material. As a result, the precise circumstances and the tournament timeline remain unclear from these sources alone.