• Home
  • Cricket News
  • Pcb Psl Franchises Reach Agreements On Issues Related To Revenue Sharing

PCB, PSL franchises reach agreements on issues related to revenue sharing

All the six franchises of the Pakistan Super League have accepted the new proposals from the Pakistan Cricket Board that included the creation of a central revenue pool for the tournament, locking dollar rate, and COVID-19 relief for the editions for the tournament ravaged by the Covid-19 pandemic.

These proposals were made to them in the latest round of governing council after the election of Ramiz Raja as the chairman of the PCB.

The issue of central revenue pool and a fixed dollar rate has been contentious for the franchise in the past and the PCB would be elated to resolve the issues before the next edition.

Ramiz Raja expressed his delight in reaching a consensus on the issues that he said were causing “distraction and harm” to the brand of the PSL. He called the agreement a stepping stone towards building a “stronger relationship” with franchises on the path of “unprecedented heights” for the PSL.

“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 a stronger relationship with the franchise owners as we look forward to working with them to take the HBL PSL to greater and unprecedented heights,” Raja said in the PCB statement.

Franchises owners also shared satisfaction over PCB accepting their long-standing demands, which they said is an indication of their commitment and resolve to make PSL better than it has been in the past.

“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,” The franchise owners said in a joint statement.

Ramiz Raja has been in action since rising to the top of the PCB brass and although he has a lot of issues at his table to find resolution of, he is not ducking any of them as of now. 

Discover more
Top Stories
news

Ireland's Amy Hunter becomes youngest player to score international century, takes over Mithali Raj

Amy Hunter is an exciting enough name to get your brain cells working, but here it’s not the actor, rather a 16-year-old schoolgirl from Ireland, who hit the international cricket running by becoming the youngest centurion ever (male or female) in the game’s 144-year-old professional history. The Belfast born all-rounder, who hit unbeaten 121 against Zimbabwe on October 11, which was also her 16th birthday, replaced India Women’s skipper Mithali Raj at the top of the list of youngest centurions. Raj had scored her debut century at the age of 16 years and 205 days and incidentally against Ireland Women in 1999. Hunter, who plays for Typhoons in the domestic set up was one of the keys to Ireland Women reaching their highest ever ODI total as they scored 312-3 in their 50 overs against Zimbabwe in the fourth and final ODI of their bilateral series in Harare. Being asked to bat after losing the toss, the women in green lost their opener, Leah Paul, early on. But then Hunter joined Gaby Lewis and the two put up 104 for the second wicket before Lewis was removed as well. Laura Delany then accompanied Hunter for a 143 run partnership. It was during this partnership only that Hunter became only the fourth Irish woman to score an ODI century and the first to do it outside Ireland. The 16-year-old hit eight fours in her 127 ball knock of 121. After Delany’s wicket, Hunter and Orla Prendergast managed to get Ireland past 300 for only the second time in their entire ODI history. Zimbabwe Women, who are playing only their first-ever ODI series and who did well to win their first-ever ODI itself early on in this series, could only get to 227-8 with Josephine Nkomo top-scoring with 66 of 106 balls. With this 85 run win, Irish women also sealed the series 3-1.

news

IPL 2021 | Kohli discusses quitting captaincy, de Villiers backs move citing immense pressure

Virat Kohli has relinquished captaincy of the Royal Challengers Bangalore and India T20I side after the ongoing edition of the Indian Premier League and upcoming T20 World Cup respectively, and he has discussed his decision-making process in a candid manner with his teammate AB de Villiers in an RCB Bold Diaries video with Star Sports. Kohli conceded that he can’t “go on and on captaining India across all three formats and the RCB for two months” and he had to take that call somewhere down the line. However, he did not term it a decision taken due to ongoing challenges with respect to Covid-19 containment measures and subsequent biosecure environment. His mate in the RCB, de Villiers said that the decision to quit captaincy came just at the right time for Virat as he is not accepting the immense workload and pressure he has been absorbing in the last so many years. The duo also discussed the rise of the RCB as they are all set to face the Kolkata Knight Riders in the eliminator of the tournament. They had started off really well before losing their way in the middle and then finally correcting their course to finish third on the points table. Kohli looked back the journey in the ongoing edition as a challenging one as most teams were competing for the last two spots among the top four finish on the points table. However, he was ecstatic the RCB got back in the groove and sealed their place in the playoffs way before the other teams except for the Chennai Super Kings and the Delhi Capitals.