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PCB offers a new financial model to PSL franchisees

PCB offers a new financial model to PSL franchisees
September 27, 2021 Web Desk

LAHORE (92 News) – Pakistan Cricket Board (PCB) chairman Ramiz Raja chaired a meeting of the Pakistan Super League Governing Council on Monday.

As part of its commitment and resolve to assist and support the franchises so that they can continue to play their crucial role in the growth of cricket in Pakistan, the PCB has offered the following to the six franchisees:

  • Covid-19 relief for HBL PSL 5 and 6
  • Increased share from the Central Pool of Revenue (CRP) for HBL PSL 7 – 20
  • Fixation of Dollar rate

Speaking on the occasion, PCB chairman Ramiz Raja: “Taking into the account legal and contractual framework, the PCB has offered a new financial model to the franchisees with the sole purpose of supporting and resolving their concerns. The PCB expects the franchisees to accept this offer so that we can switch our focus on strengthening the HBL PSL brand.”