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Asia Cup Picture Credit: Twitter

In a big development from the international cricket circuit, it is now being learnt that the Asia Cup 2022 which is scheduled to take place in Sri Lanka from August 27 to September 11 may not happen in the island country. This is because of the ongoing economic crisis and the political turmoil that they facing. In view of the circumstances, the T20 tournament is likely to be moved out of Sri Lanka.

It is pertinent to note that Sri Lanka is amid its worst-ever economic crisis. The local government is unable to pay for its essential imports owing to a shortage in foreign currency due to which there is an unprecedented and rise in the inflation rate which has made lives of people miserable in the country.

The situation is so bad that even broadcast of the ongoing IPL 2022 has had to be stopped in that nation. And now the potential loss of the hosting rights of Asia Cup 2022, which is set to be played in the T20 format, could be a further blow to the country.

Reports carried by Cricket Pakistan suggest that a final call on the venue for the tournament will be taken "at the quarterly meeting of the International Cricket Council (ICC) scheduled to take place in Dubai on Sunday."

India, Pakistan, Bangladesh, and Afghanistan have qualified secured qualifications for the competition while the sixth team will be joining the mentioned sides after a qualifying tournament. India are the most successful side in the history of the Asia Cup and would want to add one more title to their cabinet before the T20 World Cup in Australia.