PCB surprised with petition filed by PSL franchisees
The Pakistan Cricket Board has expressed disappointment over the Pakistan Super League franchisees due to a petition filed against PCB. Meanwhile The franchisees, who had demanded a change in the financial infrastructure of the tournament, have resorted to legal aid and filed a petition against the PCB in the Lahore High Court.
The legal advisory committee received notices for hearing in respect of the Writ Petition filed by the six franchise owners, fixed today as an Urgent Petition. The franchisees have filed a petition in the court seeking that the PCB formally remedy the ailing condition of the franchisees and renovate the infrastructure of the PSL so that they do not incur financial losses. Meanwhile, Mr Rizvi also informed the Honourable Court that as per the agreement, the appropriate mechanism for any dispute resolution between the PCB and the franchise owners was through initiation of arbitration.
“The PCB remains committed to working with its partners, but in this matter, it is surprised and disappointed that despite its offers to engage in discussions over the financial model and whilst being aware of the appropriate forum for dispute resolution, the franchisees approached the Honourable High Court.
“The PCB looks forward to addressing all queries and legal-objections before the Honourable Court and then to find solutions that are practicable and acceptable to all parties involved.”
Meanwhile, the Pakistan Super League PSL which was postponed due to COVID-19 pandemic with four match remaining, has been rescheduled to complete the tournament. The tournament will take place before the nation T20 trophy.