PCB to suffer a loss of $5.2 Million due to Coronavirus

The delay because of Coronavirus in the knockout matches of HBL Pakistan Super League (PSL) 2020 and a number of the games played behind closed doors are going to price a legitimate lack of $5.2 Million to the Pakistan Cricket Board (PCB).

The CEO of PCB Wasim Khan these days has revealed the exact predicted quantity that the board is going to lose because of the Coronavirus cancellations of PSL.

CEO of PCB, Wasim Khan Said 

I was roughly calculating that it could be around the 200-million-rupee

mark in terms of gate receipts that we actually lost on our revenue,

Additional loss of $3-4m will be caused by the cancellation of the remainder of Bangladesh’s tour

So we are in a fortunate position in the fact that the only immediate

loss we have is the Bangladesh series,

He additionally mentioned that calling-off of PSL is not only the financial damages, however the only-off ODI

and Karachi Test towards Bangladesh that turned into scheduled to be performed later after the termination of PSL has also cost the board negatively.

However, the truth that an enormous majority of Pakistan Super League was already wrapped up and it’s sponsorships for the franchises kits, as well as broadcasting, offers with the corporations is about to run out so that it will shop the board from incurring large losses, which may be the case for other boards.

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PSL isn’t simplest the league to get a postpone. About to be started Indian Premier League (IPL) by way of 29th

March has also been known as-off by way of the Indian Cricket government indefinitely and is all-set to be

rescheduled by fifteenth April if the situations get better. If the occasions remained critical there is probably a

declaration for an exact put off however BCCI is in no mood for the entire termination and needs to drag it ahead by using any means.

Other than the T20 leagues a full-size variety of the series and international excursions have additionally gotten

postponed due to globally worsened rising Coronavirus and each board is almost going through a surplus loss.

PSL but is in its fifth year of the business become predicted to generate sound sales alongside the board

due to the outbreak and lockdown is set to go in a damaged state of affairs.