PCB offers new financial model to PSL franchises

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Lahore: Pakistan Cricket Board (PCB) has offered a new financial model to Pakistan Super League (PSL) franchises.

According to a press release, PCB has looked to resolve franchises’ queries so that they can continue to play their crucial role in the growth of cricket in Pakistan.

PCB has offered the following to the franchises. Covid-19 relief for PSL 5 and 6, increased share from the Central Pool of Revenue (CRP) for PSL 7 – 20, fixation of Dollar rate

“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 PSL brand,” PCB chairman Ramiz Raja said.

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