PCB to hire consulting firm to oversee media rights transfer agreement
KARACHI: In an attempt to ensure that media broadcast rights for the next four-year cycle are sold for a maximum amount, the Pakistan Cricket Board ( printed circuit board ) has decided to hire a consulting company to oversee the process.
printed circuit board Chairman Ehsan Mani It recently warned that the Board could face difficulties in obtaining the desired bid amounts for the sale of media broadcasting rights for its international home games from 2020 to 2023.
The Board has announced the hiring, and the company that wins the bid is reportedly likely to be paid more than $ 50,000 for its services.
The last date to submit the offer is May 14.
Mani noted that the Sri Lankan and South African Boards also face problems obtaining good offers due to the prevailing economic crisis caused by the coronavirus pandemic and the closure of companies.
In your previous deal with Ten Sports and Pay TV sports, the printed circuit board had a USD 149,000 million contract for four years but this included two home series against India.
Since the series with India were not carried out, an amount of USD 90,000 was deducted from the total amount of the contract.
The Board has presented the bidding documents and has also included a clause supporting betting agreements.
The inclusion of the clause apparently occurred as a result of the uproar created during the Pakistan Super League ( PSL ) when it was revealed that the company that had international live streaming rights to the matches had struck a deal with a UK-based betting company that broadcast live matches on its website and placed bets on them from countries where bets are legal.
It embarrassed the Board since gambling or gambling of any kind is illegal in Pakistan.