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

X post facto
Updated 19 Apr, 2024

X post facto

Our decision-makers should realise the harm they are causing.
Insufficient inquiry
19 Apr, 2024

Insufficient inquiry

UNLESS the state is honest about the mistakes its functionaries have made, we will be doomed to repeat our follies....
Melting glaciers
19 Apr, 2024

Melting glaciers

AFTER several rain-related deaths in KP in recent days, the Provincial Disaster Management Authority has sprung into...
IMF’s projections
Updated 18 Apr, 2024

IMF’s projections

The problems are well-known and the country is aware of what is needed to stabilise the economy; the challenge is follow-through and implementation.
Hepatitis crisis
18 Apr, 2024

Hepatitis crisis

THE sheer scale of the crisis is staggering. A new WHO report flags Pakistan as the country with the highest number...
Never-ending suffering
18 Apr, 2024

Never-ending suffering

OVER the weekend, the world witnessed an intense spectacle when Iran launched its drone-and-missile barrage against...