PCB on its way to establish PSL as a ‘Company’

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Karachi: Preparations are on way to make PSL a ‘Company.’ The suggestion will be put forward for approval in the upcoming PCB board of directors meeting to be held on 3rd of May. The forming of new cricket committee comprising of cricketers and other matters will also be discussed.

According to details PCB governing body meeting has been called on the 3rd of May at Lahore. On this occasion PSL’s post event briefing will be give and the idea of making PSL a ‘Company’ will be given. In case of approval, further steps would be discussed and PSL will become an independent company having its own separate staff and registered at the stock-exchange.

In the previous general body meeting, PSL issue was verbally discussed and it was disclosed that in the recent event held at UAE, nine million dollars were spent and the revenue earned out of it was almost double.

However sources say that this statement is exaggerated. The event did earn, but, it was not to the tune as mentioned. PCB’s budget was presented in the general body meeting, but, PSL’s budget was not quoted, there are chances that the accounts will be presented in the forthcoming meeting.

Shahryar Khan would take the members into confidence regarding the appointment of chief selector and the recent measures he has taken. He will also brief the outcome of the report submitted by the inquiry committee related to the Asia cup and WT20 debacle.

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