LAHORE: The upcoming edition of the Pakistan Super League (PSL) could be jeopardised due to paucity of funds since as many as five out of the total six franchises have failed to clear their dues with the Pakistan Cricket Board (PCB) despite the expiry of the given deadline of Nov 15, 2017.
Well informed sources told Dawn that the PCB is facing a huge financial deficit of USD 5 to 6 million required to complete the arrangements for hosting the event in the UAE and Pakistan, from Feb 22 to March 25.
Sources said a high level meeting on the issue was held at the PCB’s offices here on Friday where measures to deal with the crisis and chalking out a new strategy to overcome the financial crunch were discussed as the time is running out fast.
It was proposed that an urgent meeting of the Board of Governors should be called to take a final decision on this and suggest ways and means to save Pakistan’s most successful brand has been jeopardised due to the irresponsible behavior of the franchise owners.
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