Pakistan Super League (PSL) franchises have moved the Lahore High Court (LHC) against the Pakistan Cricket Board (PCB), seeking alteration in the current financial model of the league. The PSL teams decided to lodge the case after reportedly suffering huge losses since the inception of the league due to the ‘faulty’ financial model. Franchises complained that they suffer massive losses due to the event.
The franchises have hired esteemed lawyers, Ahmer Bilal Soofi and Salman Akram Raja, to file the petition. The plaintiffs have requested the court to direct the PCB to redress their grievances, and “revise the model of PSL under its statutory mandate and make it financially viable.”