October 12, 2021
PSL franchises accept PCB’s offer of new financial model
LAHORE: Pakistan Cricket Board (PCB) announced that the six Pakistan Super League (PSL) franchises have accepted the offer, which was presented to them during last month’s Governing Council meeting in Lahore. Some of the salient terms of the offer, which the six franchises have accepted, include: Covid-19 relief for PSL 5 and 6 Upward revision of Central Pool of Revenue in favour of the franchises for PSL 7–20 Locking of Dollar rate with prospective effect PCB Chairman Ramiz Raja welcomed the resolution: “The longstanding matters between the PCB and the franchises were causing distraction and affecting the reputation of the



