PSL Governing Council meeting concludes

Sports

LAHORE:Pakistan Cricket Board has offered a new financial model to the franchisees of the Pakistan Super League with the sole purpose of supporting and resolving their concerns. The decision was taken at a meeting of Pakistan Super League Governing Council which was held under the chairmanship of PCB Chief Ramiz Raja here on Monday. As part of its commitment and resolve to assist and support the franchises so that they can continue to play their crucial role in the growth of cricket in Pakistan, the PCB has offered the following to the six franchisees: •Covid-19 relief for HBL PSL 5 and 6 •Increased share from the Central Pool of Revenue (CPR) for HBL PSL 7–20 •Fixation of Dollar rate PCB Chairman Ramiz Raja said : “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 HBL PSL brand.”

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