Since the Pakistan Cricket Board (PCB) has started their refund process of the tickets of the Pakistan Super League (PSL), they have returned almost 27 Million in the first phase.
It was decided that the cash refund will take place in the two phases. Out of two phases, first phase will include the refund of those matches’ tickets that were held behind closed doors whereas, in the second phase, tickets of the playoffs and final were to be refunded.
According to reliable reports, almost 26,000 tickets have been refunded within a span of six days. The process that started on 13th July, will be continued till 5th August after which, the second phase will resume.
PSL 2020: PCB returns 27 Million in the first phase of refund
“Around 25,539 tickets amounting to Rs27,065,300 have been refunded so far,” the official said.
All six franchises are to suffer a major amount of loss along with PCB as high and sizeable profits were expected. A business doesn’t make a profit and generate revenues in its initial year, it took years to make it happen. PSL, being 5 years old, was assured of creating revenues.
It is to be noted that the tournament was delayed on the day of semi-finals due to the extension in Coronavirus fears. The date for PSL to be rescheduled has not been announced yet. It could completely be called-off due to the ongoing situation which is a mega loss for PCB and franchises of the PSL.
Moreover, The six Pakistan Super League (PSL) franchises and the Pakistan Cricket Board (PCB) discussed the mutual decision to hold the remaining PSL in November however, the decision hasn’t been confirmed yet. PCB made the decision to decline BCCI’s request to cancel the tournament.