news

PCB, PSL franchises at odds once again, letter sent to CEO Wasim Khan

Franchise owners want PCB to immediately call a governing council meeting

PCB, PSL franchises at odds once again, letter sent to CEO Wasim Khan PHOTO COURTESY: PCB

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.

ALSO READFlying Pakistan over: ECB set to spend half a million pounds

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.