PSL 2022: Franchises accept Pakistan Cricket Board offer

PSL 2022: Pakistan Cricket Board (PCB) today announced that 6 Pakistan Super League (PSL) franchises have accepted their offer, which was presented last month during Governing Council meeting in Lahore.

Some of the salient terms of the offer accepted:

• Covid-19 relief for PSL 5 and 6
• Upward revision of Central Pool of Revenue in favour of the franchises for PSL 7–20
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• Locking of Dollar rate with prospective effect

PCB Chairman, Ramiz Raja welcomed the resolution by saying that he is happy to announce that all the distractions have been resolved. PCB wants a strong relationship with the franchisers so that PSL could be taken to a greater and unprecedented extent,

He said, “The longstanding matters between the PCB and the franchises were causing distraction and affecting the reputation of the brand. I am delighted that all matters have finally been resolved, which is a big step forward in building stronger relationship with the franchise owners as we look forward to working with them to take the HBL PSL to greater and unprecedented heights.”

The franchisers in a joint statement said that PSL is very close to their heart, and accepting PCB’s offer is a sign of our commitment to make PSL the best cricket league.

He said, “HBL PSL is very close to our hearts. Since 2016, we all have worked very hard to bring it to where it is today. The acceptance of the PCB offer is an indication of our commitment and resolve to making the HBL PSL a bigger and better league that is participated by the best players, commercially supported by the elite companies and watched live by the passionate cricket fans in Pakistan as well as globally.”