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Karachi: The time has come to submit monetary assure for PSL 6.
PSL 5 just isn’t but full however the PCB had sought monetary assure from the franchisees for the sixth version a number of days in the past, the final date being September 25.
Early editions required a financial institution assure equal to a payment, however final yr the franchisees urged the board to finish the apply, now that the league is a number of years outdated, an environment of belief should be established.
The PCB granted the request and allowed the franchisees to submit checks at a later date instead of the financial institution assure, though it was additionally determined that if a workforce uncared for to satisfy its monetary obligations. So it would take a 2 yr financial institution assure.
At least 2 franchises delayed their funds within the fifth version, it’s not but clear whether or not they are going to be taken financial institution assure or verify, the letter despatched by the board solely mentions the monetary assure that the publish There could also be a dated verify.
The PCB has introduced that the remaining four matches of PSL 5 will likely be performed at Gaddafi Stadium Lahore from November 14 to 17. The franchises need to begin work on the subsequent version as soon as the occasion is over. Not in any low cost mode.