PSL postponed for indefinite period

Discussion in 'Pakistan' started by ganesh177, Feb 11, 2013.

  1. ganesh177

    ganesh177 Regular Member

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    PSL postponed for indefinite period


    KARACHI:
    The Pakistan Cricket Board (PCB) announced the postponement of the over-hyped Pakistan Super League (PSL) Twenty20 event for an indefinite period of time, stating various reasons for the delay which included tight scheduling, No-Objection Certificate (NOC) issues and conflicting dates.

    Many questions had been raised ever since the idea of the PSL was officially unveiled, but the PCB had remained confident throughout the course about being able to stage a spectacular event with star players taking centre stage — however, this notice of the delay has not been seen as an encouraging sign.

    “Since the time we have announced the PSL, the response from sponsors, broadcasters, potential franchises and players has been overwhelming,” said PSL managing director Salman Sarwar Butt.
    “Over 80 foreign players have already signed agreements with the PSL. As many as 15 potential franchise buyers, 10 top broadcasters and various potential sponsors from large business houses have collected the bid documents and shown keen interest in acquiring respective rights. However, there are several other investors who would like us to give them more time.”
    The statement from the board expressed that the PCB and the PSL management came to a few conclusions after thoughtful deliberations with stakeholders.
    “The concerns expressed by the stakeholders on tight timelines for submission of bids and leveraging of assets hold merit. While a lot of progress has already been made in getting tax exemption for the PSL (broadcasters, franchise, players, investors) from the government, it seems that the finalisation of this approval would take some more time.
    “Over 80 foreign players (and growing) have already signed to participate in the PSL auction, but the process of NOCs from the relevant boards is still underway and will take some time. Due to scheduling conflict that could lead to some star players to miss out, and hence we are rescheduling the event to accommodate them in the league as well.”

    Did not believe in its reality: Latif
    Former captain Rashid Latif said that he never believed the PSL would become a reality as the amount of money involved in the purchase of franchises was enormous.
    “They were looking to sell a franchise for $20 million each while claiming to pay players heavily which my mind never accepted,” Latif told The Express Tribune.“It was always a big question mark about the possibility of top players turning up so no party would have liked to splash several million dollars on a mediocre name.”
    Meanwhile, another ex-cricketer Jalaluddin lamented that it was yet another case of poor planning on the part of PCB who were determined to start the PSL at all costs while neglecting factors which were against them and thus dealing with the consequences.
    “It’s a clear case of poor planning as the PCB should have done their homework properly to know how much time would be needed in the complete sale of franchises and the dates which would have been perfect for it,” said Jalaluddin.
    Rashid Latif

    “They were looking to sell a franchise for $20m each while claiming to pay players heavily which my mind never accepted. The possibility of top players turning up was always doubtful.”
    Published in The Express Tribune, February 9th, 2013.

    PSL postponed for indefinite period – The Express Tribune
     
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  3. Singh

    Singh Phat Cat Administrator

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    Not surprising.
     
  4. Vishwarupa

    Vishwarupa Senior Member Senior Member

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    Sirji....its surprising for Farhaan_9909
     
  5. farhan_9909

    farhan_9909 Tihar Jail Banned

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    elections are on head.
     
  6. ganesh177

    ganesh177 Regular Member

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    Strange, that the article does not even mentions election once, but the other reasons.

    By the way elections i suppose are declared way earlier, than this psl drama begun, right ?
     
  7. Ray

    Ray The Chairman Defence Professionals Moderator

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    It is all about Pakistan not having the money that is essential to lure in the Big names of international cricket.
     
  8. farhan_9909

    farhan_9909 Tihar Jail Banned

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    postponed and cancelled are different

    It is not cancelled but just postponed.
     
  9. farhan_9909

    farhan_9909 Tihar Jail Banned

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    80 foriegn players has already signed for auction sir ji

    80 players
     
  10. Daredevil

    Daredevil On Vacation! Administrator

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    What are the names of 80 players?. How many are foreign players?
     
  11. farhan_9909

    farhan_9909 Tihar Jail Banned

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    These are the name so far we know..more will be revealed when the auction is about to start

     
  12. Daredevil

    Daredevil On Vacation! Administrator

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    There is no confirmation from any of those players. Its only one sided info by PCB.
     
  13. Ray

    Ray The Chairman Defence Professionals Moderator

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    They are the top international players?

    Added Later:

    OK just seen the names.

    Have they confirmed?
     
  14. Bhadra

    Bhadra Defence Professionals Defence Professionals Senior Member

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    Ha Ha Ha ... I like the names

    Karachi Super Stars( Sindhies / Muhajirs can only be on stars and have no place on the ground in Pakistan)
    Lahore Warriors( of course the Punjabies are the only warriors in Pakistan)
    Faisalabad Rangers ( Poor chaps, they are on borders hence they can only be rangers so will in cricket)
    Federal Vipers ( yes , the Fedral people are only vipers to put venom in the federation they will also federate in cricket)
    Sialkot Smashers ( they smash the Saraikies quite well)



    Some yet to come
    Khan Hulks
    FATA Laskars
    Khyber Raiders
    Baloch traitors
    Gurjar Badmash
     
  15. Blackwater

    Blackwater Veteran Member Veteran Member

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    ohh nooooooooooooo. i have already booked emirates flight and pearl hotel in lahore. i lost money due to pakistan:shocked::shocked::laugh::laugh:
     
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