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Pakistan's Premier Multilingual News Agency

PSL franchise owners unhappy with PCB’s new financial model

The Pakistan Super League (PSL) franchise owners are unhappy with the PCB’s “take it or leave it” offer for them, and will convene an important meeting today to take a collective decision on the new financial model proposed source close to one of the franchise owners who said that the PCB’s “take it or leave it” financial package offer had caused offence to them. Take it or leave it was something that is an offensive option. 

That option was given to us by the new PCB management. Not all our concerns have been addressed in the document we received. Though we were expecting a better deal following Monday’s meeting, we did not get the same paper in black and white,” revealed the source. 

The source has said that the PSL franchise owners were expecting their issues to be resolved in their meeting with Ramiz Raja. 

“That did not turn out to be the case. Now we have to discuss the entire package in a meeting before coming out with a collective stance,” he added. 

“The PCB has done the best it could do but when it comes to contractual issues, the PCB’s hands are tight,” a source within the PCB, when contacted, said.

He was tight-lipped as to what would happen in case these franchises has refused to accept the new package.

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