A positive and constructive meeting was held today between the Pakistan Cricket Board (PCB) and all the PSL franchises. Participants engaged in good faith discussions with a view to resolving outstanding matters, disputes and grievances.
Both sides held healthy candid discussions airing concerns and their respective viewpoints on outstanding matters. PCB presented to the team owners a draft proposal that has been put together at the behest of the franchises who requested PCB to explore a more equitable model.
Both sides agreed to delve deeper into the proposed model with their respective financial and operational teams over the coming weeks and aim to resolve outstanding concerns and find a mutually beneficial position as soon as possible.
Earlier, the PSL franchises had criticized PCB on the revenue sharing model, threatening to go to court over the issue. It was later agreed that the issues will be resolved out of court with a meeting scheduled between the two parties on Wednesday.