shot-button
E-paper E-paper
Home > Sports News > Cricket News > Article > PCBs woes continue Board owes Rs 30 million to its players

PCB's woes continue: Board owes Rs 30 million to its players

Updated on: 30 July,2013 11:15 PM IST  | 
PTI |

Pakistan Cricket Board has still to disburse nearly Rs 30 million to the players as part of their dues for central contract retainers and their fees for the recent tour of the West Indies.

PCB's woes continue: Board owes Rs 30 million to its players

The Pakistan Cricket Board is facing a financial crisis of sorts because of the restrictions placed on the acting chairman, Najam Sethi to exercise his powers.


A source in the Board told PTI that the most pressing issue was the disbursement of nearly Rs 30 million to the players as part of their dues for central contract retainers and their fees for the recent tour of the West Indies.


"The board has to pay out nearly 30 million rupees to the players who have not received their monthly retainers for central contracts as yet plus the fees and other bonuses for their victories in the West Indies," the source said.


"The other major problem is that on June 30th the contracts of nearly 60 employees lapsed and they have not been renewed as yet," the source added.

He said in both cases the acting chairman wanted to give approval for the disbursement of the Rs 30 million and also renew contracts but the Islamabad High Court judgment restrained him from doing so.

"We are fearing a strong protest from the affected employees because their salaries have also not been released as yet and Eid is just around the corner," the source stated.

Confusion reigns in the PCB affairs as according to former captain Rashid Latif, the constitution of the Board does allow the Board of Governors to take relevant decisions on budgetary and other matters in the absence of a chairman.

"I don't know what is the problem? If the court judgment restrains Sethi from exercising his powers than why can't the BG members take the necessary decisions," he said.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK