The government stopped the board from selling comedy rights

The federal government stopped the board from promoting comedy rights

Sports By Dec 23, 2023 No Comments

Get approval earlier than each main choice, no long-term contracts, letter (Picture: PCB)

Karachi: The federal government barred the PCB from promoting media rights whereas making it necessary to get approval earlier than each main choice.

The administration committee of PCB has been allowed by the federal government to hold out solely day-to-day affairs, resulting from which many essential issues have been stalled. The PSL is to be held in February, however the media and different rights haven’t been offered but.

When the board began the method, it acquired a letter from the federal government asking for prior permission.

Sources stated that the board officers are fearful that if the patron chief minister’s approval needs to be taken earlier than each work, then issues will likely be delayed.

Additionally Learn: Delay in sale of business rights price billions of rupees

The longer the PSL’s media rights are offered, the decrease the worth, the federal government’s primary objection is to long-term contracts.

The PCB was reminded to take advantage of crucial short-term contracts that it has the ability to, now the federal government will likely be apprised of all of the procedures to hunt permission.

It could be famous that the work on PSL 7, 8 tenders together with broadcast has been stopped, in response to the process, the contract is awarded after evaluating the bidder’s first technical after which monetary bid.

Additionally Learn: Media Rights; 8 to 10 billion rupees anticipated earnings

There are fears that the opportunity of extra income from short-term contracts will likely be restricted, even the schedule of PSL 9 has not been launched but.

Board sources say that this will likely be potential solely after the sale of media rights. It needs to be remembered that from the sale of media rights of PSL and worldwide cricket, PCB is anticipated to earn 8 to 10 billion rupees.

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