Lahore: Former cricketers are upset to see PSL’s boat sinking, they termed the controversy as a poison killer for Pakistan cricket, Aqib Javed says franchises should not be treated like associations, to support in difficult times The teams suffered a loss of billions of rupees. The system that protects one party cannot last long. If it has become a brand, it has to be saved. Rashid Latif says that franchises should have been encouraged but it is said that if teams are to be run then run or leave, affairs cannot be run in an arrogant manner, helpers have to be taken along, issues are out of court If not resolved, Pakistan cricket will suffer.
Former Test cricketer Aqib Javed said the franchises invested at a time when no one knew the future of the PSL. Initially, the model they created was the concept of IPL-style home and away matches. Got most of the earnings but most of the matches were held in UAE so the plan was practically ineffective, even in difficult times the franchises did not leave the PCB, each team’s purchase price was different Concerns over non-profit policy and financial model were also expressed during the tenure of former PCB chairman Najam Sethi, but he ignored the demands. Later, the current management followed suit. Continued, it was said that they will talk after depositing the amount of bank guarantee, it was also said that they will form a separate company to run the affairs of PSL.
Franchisees will join as members and participate in decisions but no progress has been made in this regard either, hence the administrative situation is that the costs of PSL are very high, independent management in decisions who pays heavy. For example, look at this year’s opening ceremony. In this situation, if the least invested franchise Quetta Gladiators could not make a profit, what will happen to others, he said, adding that the franchises have spent billions of rupees. Has incurred a loss of Rs.
Profitable PCBs should not treat them like associations, franchises pay while associations receive, for the first time in the history of Pakistan, if a big brand has emerged in the form of PSL, save it. Yes, franchises are partners, their concerns should not be ignored, it would be better if the issues are resolved by sitting together before the case is decided in the court, a party can get financial protection in any field. Systems cannot run longer than.
Here PCB is gaining and franchises are losing. The head coach of Lahore Qalandars further said that our team has made the franchise a brand by investing in PSL out of normal activities. If the PCB sells it to a new owner at a new price after it is over, the investor’s heart will be broken. Due to this attitude, the first owners of Multan Sultans left the team disappointed. The new owner invested more. If you spend and buy a franchise, it is feared that they will not back down after one or two years. Where will the new owner come from to buy a loss-making deal? It is better that matters be resolved amicably and PSL The plant continued to flourish.
Rashid Latif said that the franchises have given great support to Pakistan cricket. In response, the PCB should have encouraged them as well. The current financial model was not appropriate in the situation in Pakistan. The franchisees were told to start profiting after 3 years. The owners waited for 5 years, now at least accept their legitimate demands, they are told to run the team if they want to, otherwise leave, arrogant things can not be run, help The perpetrators have to be taken along.
“Professionals don’t think in such a way that they don’t care if they are recruited under pressure,” he said. “My advice is to sit outside the court and find a solution to the problems, otherwise Pakistan cricket.” There will be a big loss, one has to think about how bad the effect will be if the remaining matches of PSL 5 are not held.