2024 Pakistan Super League - General Discussions

Which team do You support?


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CerealKiller

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With the Dollar x PKR drop, how will the league handle the payments? Its going to cost them so much now wont it?
No, the exchange rate for the franchises was fixed at a much lower level with the PCB.
 

ShamiLoverGlipGlops

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No, the exchange rate for the franchises was fixed at a much lower level with the PCB.
So the agreement was at a lower rate and that will stand? Including players payment?

How does that work?
 

CerealKiller

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ShamiLoverGlipGlops

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Seems like the fixed rate only applied to franchise fees. I think players's salaries are paid normally.

And that is my concern. For example Shadab Khan is paid $170,000. Last year that would have costed PKR 3.5 crore and now it is 4.5 crore. That is a huge jump. Now take all players into effect. I am worried the ongoing Dollar x PKR issue will hamper this league as it pays in USD.
 

CerealKiller

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And that is my concern. For example Shadab Khan is paid $170,000. Last year that would have costed PKR 3.5 crore and now it is 4.5 crore. That is a huge jump. Now take all players into effect. I am worried the ongoing Dollar x PKR issue will hamper this league as it pays in USD.
Yeah, it is a concern, although the PSL has been unusually profitable for operating in such a terrible economic environment, first in a foreign country (UAE) and then in a failing economy. So i think they’ll be able to contain the losses.
As for actual payments, they’re made in advance by the PCB, who are then reimbursed by the franchises, so they’ll work out a solution among themselves if needed.
 

ShamiLoverGlipGlops

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Yeah, it is a concern, although the PSL has been unusually profitable for operating in such a terrible economic environment, first in a foreign country (UAE) and then in a failing economy. So i think they’ll be able to contain the losses.
As for actual payments, they’re made in advance by the PCB, who are then reimbursed by the franchises, so they’ll work out a solution among themselves if needed.
They need to get out of paying in $. IPL did that in 2011 when $ was rising so it makes it more sustainable.
 

CerealKiller

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Quetta and Peshawar playing ab exhibition match in Quetta, Ifti smashed Wahab for 6 sixes in the last over :eek:

 

kumar82

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I am very excited to watch today's first match of PSL 8, I hope Lahore qalandar wins the first match of the tournament.
 

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