Slow progress for PSL 5 irks franchise owners

The slow progress on the road to the upcoming Habib Bank Limited (HBL) Pakistan Super League (PSL) 5 has left the franchise owners concerned. The schedule for the event, which is two months away, is yet to be finalised.

According to sources, the delay is being caused by the non-submission of a particular security report on the matter. The current program dictates that the opening ceremony would be held on February 20 at the National Stadium in Karachi while the final would be played at the Gaddafi Stadium in Lahore on March 22.

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Some franchises have still not submitted their fees while the Pakistan Cricket Board (PCB) is yet to finalise the finances of the fourth edition of the PSL which was played 10 months ago. The inability of the PCB in finalising the finances has caused a delay in the transfer of revenues to the franchises.

The issues are expected to be sorted out till December 31. A PCB representative has claimed that the schedule for the PSL 5 is expected to be announced in the next three or four days.

The PCB has decided to hold all matches of the PSL 5 in Pakistan. Rawalpindi and Multan have been finalised as the potential venues alongside Karachi and Lahore.