Reports: PSL franchises concerned about financial model as Ramiz Raja set to become new PCB chairman

Pakistan cricket is set to welcome a new era with Ramiz Raja being elected as the new PCB chairman. The former Pakistan captain will assume the position on September 13 and it would be interesting to see how his tenure unfolds. Raja certainly has a job in hand as Pakistan cricket has somewhat been in a state of turmoil lately. While the national team hasn’t been doing exceptionally well, there have been allegations of favoritism and nepotism in team selection.

Meanwhile, it has been reported that Pakistan Super League (PSL) franchises are concerned about the financial model as Ramiz gears up to become PCB chief. For the unversed, PSL team owners have been vocal about the need to change the financial model of the competition for a while now as it has led them to constant losses.

Former Chairman Ehsan Mani was close to solving the issue and the former Chief Justice of Pakistan Tassaduq Hussain even made a report on the new model. However, it’s not clear whether Raja will continue the process or not.

PCB is yet to respond to the new financial model

As per a report in Cricket Pakistan, the team owners discussed their ideas in a recent meeting. The retired judge was supposed to file a report in three weeks after assessing the financial standings of the franchises, but no update has been made on the matter. It is also learnt that PCB has received the report but the information would not be disclosed until Raja’s appointment.

Some sources also claimed that if Ramiz Raja doesn’t approve the new model, the matter could advance to the court once more. Notably, the PSL franchises have previously filed a case against PCB for not changing the financial model. The case was taken back only when PCB ensured to solve the matter.

Many models were discussed before the franchises and PCB came to an agreement. However, it’s yet to be seen how Raja views the new model. Meanwhile, Raja is a notable personality in world cricket and expectations are high from him. After serving the national team for over one and a half decade, Raja remained associated with the game as a commentator. Hence, it would be interesting to see how he fares as a PCB chairman.