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| Even after 6 years, the franchises have not been able to make a profit, until the existing franchises are financially stable, no more franchises will be added: CEO PCB |
Pakistan Cricket Board (PCB) chief executive Wasim Khan has hinted that no more franchises will be included in the PSL at present. Wasim Khan said that if you look at the PSL model developed under the previous government, for the first 10 years it was never financially sustainable for the franchise, we are working on different models with the franchise. Make sure they earn more.
Even after 6 years, the franchises are still not making any profit and that is why our first priority is to make this model more sustainable. Wasim Khan, 50, added that there are no plans to add more teams to the tournament in the near future
He said that until the existing franchises of the league are financially stable, no more franchises will be adde
Wasim Khan said that the biggest difference between PSL and IPL is the amount given to cricketers. He said that as soon as the PSL is able to compete in the IPL in terms of cash prizes, the world's biggest cricketers will also be in line to play in the PSL. He said that PSL did not have the required financial resources yet but the PCB management was making every effort to make PSL financially viabl
He said that at present PSL is in the process of development and the existing financial system needs to be made profitable so that this money can be spent on international stars. Wasim Khan revealed that the IPL currently pays the world's top cricketers around 2 or 3 million per person and the PSL is not in a position to pay players that much at the moment. He said that franchises need to make money and show profit before going to the level of IPLe.d.).
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