PSL franchises submit fee to settle dispute with PCB
Sports
January 22, 2021
ISLAMABAD: The old dispute between the Pakistan Cricket Board (PCB) and six franchises of the Pakistan Super League (PSL) has been settled amicably as all the franchises have submitted their pending annual fee with a promise from the PCB to have a more logical and workable financial model between the two major stakeholders from the next year onward.
âThe Newsâ has learnt from well-placed sources that on the final day of the three-week deadline, all the franchises have submitted the annual fee.
âYes, we have submitted the annual fee with the PCB with a hope to have more logical and workable financial package from the next year onward. We have been promised by the PCB that a new financial model will be in place from the next year and this could be a much longer duration,â a franchise owner said.
PCB, PSL franchises financial tug of war all but over as new deal likely: report
Web Desk
Tuesday Jan 12, 2021
The longstanding financial wrangle between the Pakistan Cricket Board (PCB) and the Pakistan Super League (PSL) franchises is about to get over as the two parties are on the verge of signing a new deal,
The News reported on Tuesday.
A well-placed source in the PCB told
The News that following reluctance shown by some of the PSL franchise to submit annual fee, both parties had in detailed meeting on Monday and have almost agreed to a new financial package.
All PSL franchise owners barring Ali Naqvi (Islamabad United) and Nadeem Umar (Quetta Gladiators) participated in the meeting with PCB Chairman Ehsan Mani.