PCB terminates PSL’s international media rights partner’s contract

Published September 18, 2020
Shoaib Naveed, Project Executive PSL, said: “The PCB works professionally and with integrity and transparency." — Photo: Twitter/File
Shoaib Naveed, Project Executive PSL, said: “The PCB works professionally and with integrity and transparency." — Photo: Twitter/File

LAHORE: The Pakistan Cricket Board (PCB) on Thursday terminated the contract of the HBL-Pakistan Super League (PSL) 2020 international media rights partner following a series of breaches, including matters relating to payments.

According to a press release issued by the PCB: “Techfront Inter­national FZE had secured HBL PSL’s international media rights from 2019-2021, but due to a series of contractual violations, the PCB has terminated the agreement.”

Shoaib Naveed, Project Executive PSL, said: “The PCB works professionally and with integrity and transparency. In this instance, the partner, despite repeated reminders and discussions, failed to honour its commitment and obligations, leaving the PCB with no other option but to terminate the agreement.

“The termination of the agreement at this stage was also necessary so the PCB had sufficient time to start exploiting other avenues and partners for the future HBL Pakistan Super League events. Since its inception in 2016, the HBL PSL has become one of the most attractive and competitive leagues around the world.

“The PCB is already in discussions with various sub-licensees and relevant broadcasters in the international territories. The process is already underway to ensure a robust media rights strategy for the HBL Pakistan Super League 2021 and onwards.”

The PCB reserves its rights in terms of claiming appropriate remedies and damages, and will be taking strictest possible measures to ensure and safeguard the league’s interests as well as its valuable stakeholders.

Published in Dawn, September 18th, 2020

Opinion

Editorial

Under siege
Updated 03 May, 2024

Under siege

Whether through direct censorship, withholding advertising, harassment or violence, the press in Pakistan navigates a hazardous terrain.
Meddlesome ways
03 May, 2024

Meddlesome ways

AFTER this week’s proceedings in the so-called ‘meddling case’, it appears that the majority of judges...
Mass transit mess
03 May, 2024

Mass transit mess

THAT Karachi — one of the world’s largest megacities — does not have a mass transit system worth the name is ...
Punishing evaders
02 May, 2024

Punishing evaders

THE FBR’s decision to block mobile phone connections of more than half a million individuals who did not file...
Engaging Riyadh
Updated 02 May, 2024

Engaging Riyadh

It must be stressed that to pull in maximum foreign investment, a climate of domestic political stability is crucial.
Freedom to question
02 May, 2024

Freedom to question

WITH frequently suspended freedoms, increasing violence and few to speak out for the oppressed, it is unlikely that...