The offer was presented to the franchise at a board meeting held in Lahore last month.
The Pakistan Cricket Committee (PCB) on October 11th (Monday) has 6 members. Pakistan Super League Franchise-Islamabad United, Peshawar Zalmi. Lahore Qalandars, Quetta Gladiators, Multan Sultans, Karachi Kings – accepted the proposal presented at the board meeting in Lahore last month.
Some of the key conditions for offers accepted by the six franchises are:
- Covid-19 relief for HBL PSL 5 and 6
- Upward revision of central revenue pool in favor of HBL PSL 7–20 franchise
- Dollar rate lock with expected effect
PCB Chairman Ramiz RajaThe recently elected without opposition after the end of Fsan Mani’s three-year term welcomed the resolution and called it a major step forward. “The long-standing problem between PCBs and franchises has been distracting and affecting the brand’s reputation,” Raja said.
“We are pleased that all issues have finally been resolved. This is a stronger relationship with the franchise owner as we look forward to working with the franchise owner to take the HBL PSL to an unprecedented level. It’s a big step forward in building a, “he added.
The franchise owner said in a joint statement: “HBL PSL is very close to our hearts. Since 2016, we have all been working very hard to bring it to today’s place. Acceptance of PCB offers makes HBL PSL more It demonstrates our commitment and determination to make the league bigger and better, with the best players participating, commercially supported by elite companies and live by Pakistani enthusiastic cricket fans. You can see it globally. “
About Pakistan Super League
The Pakistan Super League is a professional Twenty20 cricket league organized by six teams representing six cities in Pakistan each February and March. The league was founded in September 2015 by the Pakistan Cricket Commission with five teams. A league is not run as an association of independently owned teams, but a single entity in which each franchise is owned and controlled by investors. Starting in 2021, PSL will set up a dedicated window for the ICC Future Tour Program.