We will earn profit from PSL: PCB

Image
Press Trust of India Karachi
Last Updated : Mar 20 2020 | 8:20 PM IST

Pakistan Cricket Board is confident of gaining profit from the Pakistan Super League despite the T20 competition was suspended at the semi-final stage due to the COVID-19 pandemic.

According to official sources, the PCB is set to make profits from four major commercial deals, including broadcasting and digital media.

"We will earn more compared to the four previous editions because majority of the matches (in earlier editions) had to be held in the UAE where we generally had low crowds and commercial deals were also not very profitable," a source told PTI.

"The losses will come from four matches being held behind closed doors in Karachi and Lahore but the gate money receipts are minimal compared to the profits we will make from commercial, sponsorship and broadcasting deals."
"So we can't make any claims as we postponed the matches due to the virus and other games were hit by bad weather."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 20 2020 | 8:20 PM IST

Next Story