Owners want the board to bear league’s production expenses
The Pakistan Super League (PSL) franchise owners have once at odds with the Pakistan Cricket Board (PCB) on the issue of league’s production expenses.
According to Daily Express, the owners are of the opinion that it is difficult to manage if they have to pay $5.1 million in production expenses from their share of $12 million.
It must be noted here that, franchises mostly rely on the income they receive from the broadcasting deal — which is 85 per cent. However, they also have to bear the production cost of the tournament.
Recently, the board managed to secure a $36 million on broadcasting rights deal for a span of three years. This was breath of fresh air for franchises owners — who were happy with the increase in worth of the deal by 358 per cent.
However, due to the increase in number of venues, the cost of production has now also increased.
In the United Arab Emirates (UAE), PSL matches will be played on three venues — Abu Dhabi, Sharjah and Dubai. While, eight matches — which are scheduled to be played in Pakistan — will be held in Karachi and Lahore.
Sources revealed that due to increase in venues, the cost of production has also increased from $2.5 million to $5.1 million.
The franchises have also written a letter to the board and asked them to call an immediate meeting of the board of governors in order to have a discussion on this particular issue.
PSL season four is all set to start from February 14 in UAE.