Sethi wants PSL to be its own entity.
Najam Sethi, the chairman of PCB management committee, wants to turn PSL into a separate entity. His plans involve making the league its own independent entity.
Sethi emphasized the need for a separate management for PSL in an exclusive interview, he stated that PSL has become a significant brand in world cricket with substantial responsibilities.
Sethi suggested that PSL should become a distinct company from the PCB. He proposed that the board should hold most of the shares, but the private sector should also be involved to strengthen the league.
The 74-year-old admitted that his proposal had faced skepticism in the past. People had suggested that he wanted to form a separate company to benefit himself.
The chairman of the PSL mentioned that in the past, people accused him of trying to form a separate company to benefit himself because of his proposal. However, he clarified that those accusations were not true.
In 2016, the PCB approved a plan to revamp the PSL, which included establishing it as a separate entity with its own governing board. Then-PSL chairman Najam Sethi proposed registering the league as a private limited company, completely independent of the PCB.
Despite concerns raised by the then-PCB chairman Shahryar Khan about separating the PSL from the PCB, the governing board unanimously approved the proposal.
The implementation of the idea was delayed, and it did not materialize as planned.
This is published in logicalbaat, on 14 April, 2023.