LAHORE - The Pakistan Cricket Board (PCB)’s contract with a private sports channel for the upcoming Pakistan-Sri Lanka series broadcast rights is in doldrums as the latter has failed to fulfill the terms and conditions of the agreement.
The reliable sources in the board said that the PCB wrote a letter to the sports channel few days back and gave them a seven-day notice to complete the terms and conditions as agreed otherwise the contract would be annulled.
“The PCB has written a strong-worded letter to the private sports channel that they should fulfill the terms and conditions of the contract, otherwise, it will create problems for both the parties,” the sources added. They said one of the conditions was bank guarantee in US dollars.
“The sports channel has still not given the bank guarantee in US dollars,” they said.
It is pertinent to mention here that there was a lot of hue and cry in the country when the broadcast rights for the ongoing South Africa series and forthcoming Sri Lanka series, to be played in the UAE, were sold. It was claimed that the bidding process was not transparent.
The parties that took part in the bidding process at the PCB headquarters included private sports channel and Ten Sports of Dubai.
Pakistan Television (PTV) did not bid while the private sports channels had obtained the rights. Ten Sports won the rights for South Africa series and private sports channel for the Sri Lanka series.