PCB is trying to pacify the six franchise owners of PSL who have taken the board to the Lahore High Court over the financial model of the T20 event. [27] Interested parties included the ARY Group, Omar Associates, Arif Habib Group, Haier, Mobilink as well as international groups including Leonine Global Sports and the Qatar Lubricants Company (QALCO). Carolina won the turnover battle, 4-0, to leave Los Angeles with a victory. The PSL, which runs for 30 years, can either be given back to the team or transferred at any time, although it cannot be sold for more than its face value, prorated for the number of years remaining on the license. The inaugural champions were Islamabad United. [29][30], In April 2017, PCB invited bids for the sixth team and the deadline set for the submission of both the financial and technical proposals was 30 May and as many as 40 national and international parties expressed an interest in buying the sixth franchise.[31]. The league is based in the Pakistan Cricket Board office in Lahore. Here is the information about the PSL team owners and the squads. In the group stage, two points are awarded for a win, one for a no-result and none for a loss. }); According to the franchisees, the financial model was tilted in favour of the PCB which had earned billions from the PSL in the last five years, even as the team owners suffered losses. , Chandigarh , Dehradun, But team's contract was terminated in 2018, after they failed to pay their annual fee of US$5.2 million to PCB. “Understand this. "Outside channels are being used to convince the franchise owners to withdraw their petition and assurances have also been given to them that the board is willing to sit down with them and address their grievances," the source added. The Panthers' ticket office on Thursday shared its updated plans for the 2020 season with current PSL Owners. Pour autoriser Verizon Media et nos partenaires à traiter vos données personnelles, sélectionnez 'J'accepte' ou 'Gérer les paramètres' pour obtenir plus d’informations et pour gérer vos choix. googletag.cmd.push(function () { Peshawar Zalmi were the 2017 PSL Champions, having defeated Quetta Gladiators in Lahore on 5 March 2017. Indore, PTI; Updated: September 30, 2020, 8:37 AM IST â¢Â Update your address, phone numbers and email https://www.hindustantimes.com/cricket/pcb-trying-to-convince-psl-owners-to-withdraw-petition-over-league-s-financial-model-report/story-6j9Fuo5JilNf3Eh5J8ddtI.html, PCB trying to convince PSL owners to withdraw petition: Report, https://www.hindustantimes.com/cricket/ipl-2020-kkr-vs-rr-1st-innings-live-updates-score-after-10-overs/story-qg9e7B5NidPmFD85M2aFvN.html, IPL 2020 - KKR Vs RR, 1st innings: Live Updates: Score after 10 overs, https://www.hindustantimes.com/cricket/women-s-challenger-series-to-be-held-in-uae-from-nov-4-9-ipl-sources/story-RchZajFikaCmlJ3HsxloVP.html, Women’s Challenger series to be held in UAE from Nov 4-9: IPL sources, https://www.hindustantimes.com/cricket/ipl-2020-kkr-vs-rr-1st-innings-live-updates-score-after-5-overs/story-U1ximeEGKAmb2LPyenAw1J.html, IPL 2020 - KKR Vs RR, 1st innings: Live Updates: Score after 5 overs, https://www.hindustantimes.com/cricket/ipl-2020-batsmen-exceptional-bowlers-still-a-bit-rusty-says-shane-bond/story-rjOJAaZlQ6my51lcxhydzM.html, Batsmen exceptional, bowlers still a bit rusty says Shane Bond, PCB trying to convince PSL owners to withdraw petition over league’s financial model: Report. â¢Â TicketExchange post your tickets for other Panthers Fans to Purchase. It is highly recommended that you use the latest versions of a supported browser in order to receive an optimal viewing experience. Lucknow, Patna, [38] HBL later renewed their sponsorship for three more years.[39]. The Panthers rode four turnovers to a road victory in Los Angeles.Â, Greg Little will start at left tackle in Okung's place.Â. Season tickets will revert back to current PSL seat locations for 2021. All three awards were introduced in the second PSL season. [25] On 18 October 2015 the Pakistan Cricket Board began accepting tenders for franchises with a deadline for bids of 15 November. Features The current champions are Quetta Gladiators, who won the title on 17 March 2019 in Karachi. (x) = End of league games table position; This page was last edited on 29 September 2020, at 14:16. The team was founded in 2015 and made its PSL debut in the 2016 season. Delhi, Mumbai, Find out more in the PSL Resale Marketplace FAQ. [28], All five franchises for the first season of the league were sold on 3 December 2015, for a total price of US$93 million, after seven bidders presented formal proposals. It is highly recommended that you use the latest versions of a supported browser in order to receive an optimal viewing experience. Every team plays each other twice and the top four advance to the Playoffs. The league was founded on 9 September 2015 with five teams and now comprises six teams. From 2021, The PSL will an exclusive window in ICC Future Tours Programme.[3]. For those choosing to opt in for the 2020 season. Check Out The Prizes Advertising. [13], The possibility of adding a sixth team to the league in 2017,[14] possibly in Azad Kashmir, was also under discussion, but was rejected by May 2016. If you are relocating to a more expensive PSL area, credit is given toward the new PSL price based on the amount originally paid for your current PSL. The judge, who will hear the matter again on Wednesday, had asked the PCB to submit a detailed reply to the petition filed by the franchise owners. List of Pakistan Super League team records, List of Pakistan Super League records and statistics, Pakistan Super League opening and closing ceremonies, "PCB eyes lucrative deals after 'securing' windows for PSL editions", "Wasim Akram, Ramiz Raja become official ambassadors for PSL", Pakistan Super League set to be moved to UAE. "The PCB realises the gravity of the situation as the PSL is one of its most successful brands and due to the existing economic conditions in Pakistan and globally, it would not be easy for sale of the franchises if the situation got out of control," the source said.
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