PSL News

PCB, PSL franchises at odds once again, Some PSL owners willing to sell their teams

Despite the success of, now-suspended, Pakistan Super League season five, the Pakistan Cricket Board (PCB) is finding it hard to keep things under control as far as the franchises are concerned.

Ina a rare occurrence, all the franchises are now on the same page and have written a letter to PCB Chief Executive Wasim Khan to immediately call a governing council meeting.

Discontinuation of bank guarantee for franchise fees, extension of ownership rights to 30 years or more (which is currently 10 years), fixed dollar rate for expenses and additional 15 per cent tax are the major grievances of franchises.

They also want PCB to fulfil the promise of converting PSL into a separate entity, which was agreed during the tenure of former chairman Najam Sethi.

It must be noted that PCB did not ask for bank guarantee, last year, but has once again asked the franchises to do so for next season. The franchises also want PCB to take their opinion with regards to marketing and ticketing of the event, which has not been the case so far.

Despite regularly conveying their concerns to the PCB officials, franchise are often left frustrated due to lack of response.

Recently, PCB also asked the franchises to clear their dues but when it comes to sharing revenue from central pool, the PCB uses the incomplete edition of PSL 5 as a reason behind the delay.

Owners believe that such issues are not good for the future of the league. They have not been able to profit from the league despite a massive stake, which is why PCB should address their grievances as soon as possible rather than making life more difficult for them.

Earlier there were reports that Payments to 16 scorers of the Pakistan Super League (PSL) 2020 are still pending, Daily Jang reported.

Sources within the Pakistan Cricket Board (PCB) told that COVID-19 caused a delay in collection of scorers’ data, which hindered timely payment. It is said that their dues will be cleared next week.

It is pertinent to mention that players who participated in the T20 tournament have yet to receive 25% of their pay, although umpires and match referees were paid their dues.

Meanwhile, it has been reported that the PCB sacked some of its lower level staff in a bid to soften the financial blow caused by the pandemic and plans on firing “unnecessary and inactive” staff at senior levels as well.

Former Pakistani pacer Shoaib Akhtar has also claimed that some Pakistan Super League (PSL) franchise owners are ready to sell their teams in the wake of COVID-19 that has halted cricket world.

It is to be noted that the knockout stage of the 2020 edition of Pakistan`s domestic T20 league was postponed in March due to Covid-19 and Akhtar said that it is highly unlikely that the tournament would resume in the near fututre.

“I know some people wouldn`t like to hear this but some owners are looking to sell their franchisees. I would be more than happy to provide financial and non-monetary support to keep the PSL alive and to thrive,” Akhtar told a TV channel.

I think if we do the math, the PSL can`t be held before 16 to 18 months. The World Cup will also take probably after eight months because time is needed for the coronavirus issue to settle down.

“The thing is if there is no proper cricket until say September, how can the PSL be held in four months? I don`t think the board can ask for money from the franchisees in this situation. As far as I know some franchises are already ready to sell their brand. They have offers,” he added.

 

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