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PSL franchises, PCB in battle

PSL franchises, PCB in battle

The Pakistan Cricket Board (PCB) and the six franchises of the Pakistan Super League (PSL) are in combat over a weak financial model interrupting the league and its finances.

The owners of the franchises met with the newly appointed chairman of PCB, Ramiz Raja, to solve the matter but ended up frustrated with disappointment.

Ramiz’s harsh response has fumed up the owners following inappropriate and unsatisfying acknowledgements. According to sources, Raja told franchises to accept the current amount or leave it.

Consequently, the franchises have threatened to drag the matter to court. Ramiz said the six teams must accept as the payments are as per dollar rates. Moreover, he said he does not have extra time to visit NAB over these matters. He queried to the owner of Peshawar Zalmi, Javed Afridi if he is trying to scare him with court threats.

One of the sources close to the owner added,

“Take it or leave it — is something that is an offensive option. That option was given to us by the new PCB management. Not all our concerns have been addressed in the document we received. Though we were expecting a better deal following Monday’s meeting, we did not get the same paper in black and white. We were expecting that all our concerns and issues would be solved but that did not turn out to be the case. Now we have to discuss the entire package in a meeting before coming out with a collective stance,”

The next meeting among the two parties is scheduled for Monday and the six PSL franchises are still anticipating appropriate responses.

Also, see:

My inning as a cricketer is ‘almost’ over, says Shahid Afridi

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