The Pakistan Super League (PSL) franchises have formed an unofficial alliance in order to safeguard their interests.

According to Daily Express, the franchises — except for one — have signed a Power of Attorney (POA) document which gives one unnamed franchise owner the right to take decisions on their behalf — including legal action.

The franchise may differ on PSL’s revenue-sharing model but — in order to ensure their common interests remain safe — they have decided to collude.   

The report further stated that all the franchises met after Pakistan Cricket Board (PCB)’s Governing Council meeting in Islamabad — few days back — where this decision regarding POA was taken.

The franchises are also concerned about taxes — paid to Federal and Punjab Government — and are pondering over the option of going to court over this matter.

It must be noted that, earlier, the board and franchises had requested the government to remove these taxes but got a negative response in this regard.

Currently, franchises have to pay 26% amount in taxes, where 16% of the amount goes to Punjab Government in shape of sales tax while the federal government takes remaining 10% in the form of withholding tax.  

Due to the same reason, some of the franchises have also not deposited their annual fee. PCB has an option to cash the bank guarantee if a franchise fail to deposit their fee by the end the deadline — although that is unlikely to happen.