As per documents in possession of Cricket Pakistan, PCB suffered a loss of PKR 996996400. The amount in dollars is approximately $4431095
29 December, 2022
PHOTO: PCB
The Pakistan Junior League (PJL) project has cost Pakistan Cricket Board (PCB) nearly PKR 1 billion.
According to details, PJL was the dream project of ex-chairman PCB Ramiz Raja and the inaugural edition was held in October. The tournament cost to be very expensive for the cricket board and valuable money was emptied from the treasury.
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As per documents in possession of Cricket Pakistan, PCB suffered a loss of PKR 996996400. The amount in dollars is approximately $4431095.
PCB had to face significant difficulties in selling the title sponsor and franchises, so they kept the ownership of the teams. In total, PKR19 crore were received from sponsorship, PKR 28 crore 60 lakhs were spent on production, thus a loss of PKR 9 crore 60 lakhs.
The match fee of players and support staff was 44 crore 28 lakh 60 thousand. They were given PKR2 crore seven lakhs as daily allowance, 19 crores 93 lakh rupees for commercial and cricket operations, two crore rupees for security, 14 crores 89 lakh 20 thousand 400, administrative affairs 2 crore 56 lakh 36 thousand, legal 75 lakh, media 90 lakh 80 thousand, finance 10 lakhs, HR 60 lakhs, chairman contigency of Two crore .
The rights of the league for 20 years were sold when Ramiz Raja left, however, PCB Management Committee Chairman Najam Sethi has indicated not to continue PJL, so the implementation of the agreement is not possible.
