Rana
Hall of Famer
- Joined
- Jan 18, 2006
- Runs
- 80,577
Ali Tareen's minced no words in highlighting the flaws in PSL model for the owners in a recent podcast:
"We pay a rental fee to keep the franchises under our control every year. If we don't pay, we don't have any ownership rights. Unlike the Indian Premier League (IPL), there are no opportunities for foreign investment either."
"IPL owners have the freedom to sell their teams to anyone they want, but the board only considers how much money it can raise and how it will manage the team. We don’t have such flexibility."
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Response of Salman Iqbal, owner of Karachi Kings
@RyanRyan10 @topspin @mominsaigol
"We pay a rental fee to keep the franchises under our control every year. If we don't pay, we don't have any ownership rights. Unlike the Indian Premier League (IPL), there are no opportunities for foreign investment either."
"IPL owners have the freedom to sell their teams to anyone they want, but the board only considers how much money it can raise and how it will manage the team. We don’t have such flexibility."
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Response of Salman Iqbal, owner of Karachi Kings
@RyanRyan10 @topspin @mominsaigol