ISLAMABAD - The Pakistan Cricket Board (PCB) has threatened the Pakistan Super League franchises.
PCB to cash bank guarantee if Pakistan Super League (PSL) franchises failed to deposit their annual fees by 2 PM on December 3.
The situation became tense suddenly on Wednesday when PCB’s Chief Financial Officer Badar Manzoor sent an email to all the franchises.
According to Daily Express, he used some threating words in the email and gave the deadline of December 3 to clear all dues or the board will cash their bank guarantees.
Interestingly, one franchise hasn’t even deposited its Bank guarantee yet. The franchise only deposited half of the actual amount.