All of the 5 franchises for the PSL have been sold

[MAB]

Lahore – December 3, 2015: PCB is proud to announce that the Pakistan Super League’s commercial rights for franchises, title sponsorship, and broadcast have been sold.

Franchise rights have been sold for USD 93 million. With Quetta, Peshawar, Lahore, Karachi, and Islamabad set to vie for glory in the first edition of the league, franchise rights were awarded to successful bidders at the end of the bidding process. Quetta’s rights have been sold to Omar Associates. Salman Iqbal, CEO of ARY Group, has successfully bought the Karachi franchise. Rights for the Lahore franchise have been awarded to Qatar Oil. Islamabad’s franchise has been sold to Leonine Global Sports. Javed Afridi, CEO of Haier Group and a long-timer partner of Pakistan cricket, has won rights for the Peshawar franchise.

In another successful development, one of Pakistan’s oldest and biggest banks, Habib Bank Limited has joined the Pakistan Super League as title sponsor for the first three years of the league. As a result of this partnership, the league will now officially be known as the HBL Pakistan Super League.

“I am delighted with these positive developments and this is a major achievement in our PSL journey. The best part is that all team owners are ardent cricket fans and their dedication will make this league a success. HBL’s association with Pakistan Super League is another indication of established brands partnering with the league,” said Mr. Najam Sethi, Chairman PSL Governing Council.

Having reserved production rights to ensure international standard coverage, HBL PSL’s broadcast arrangements have also been finalized for the next three years. The coverage will be produced by world leaders Sunset+Vine. Matches will be aired in Pakistan on Ten Sports and PTV Sports. Global TV rights for the same duration have been sold to Tech Front, a UAE-based media rights acquisition company.

Commenting on this development, Mr. Najam Sethi said: “Having awarded production rights to Sunset+Vine, the next step was to ensure that we get the maximum number of eyeballs and I would like to welcome our media rights partners.”

The sale of all commercial rights – broadcast, franchise, and sponsorship - is perfectly in line with the league’s budgetary estimates. The coach selection process for all five teams will take place in the next 10 days and the player draft event will take place by the end of December.

The first edition of the HBL PSL will take place from 4-23 February, 2016 with matches taking place in Dubai and Sharjah.

 

[Winchester]

Brave, a total of $9.2 millions, great start.

For 10 years so that makes it 93 million dollars
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.
.
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Someone mentioned on Twitter this is so typical of Pakistan

Karachi bought by a Pakistani based in Dubai
Peshawar bought by a Pushtun based in Karachi
Lahore and Islamabad bought by Arabs

 

[Pakistani till death]

Bhai Ummah league he bana lo ..

I dont know why but i laughed way to much reading that :p

 

[ghazi52]

........................................................................................
Karachi attracts highest bid as PSL teams sold for $93 million


The Pakistan Cricket Board (PCB) has sold five franchise rights for the inaugural Pakistan Super League (PSL) for $93 million for a period of 10 years.

Five companies bought the Karachi, Lahore, Peshawar, Islamabad, and Quetta teams.

Salman Iqbal, CEO of ARY Group, successfully bought the Karachi franchise for an undisclosed amount. while Quetta’s rights were sold to Omar Associates.

Qatar Oil snapped up the Lahore franchise, Leonine Global Sports bought Islamabad bought the Islamabad team while Javed Afridi, CEO of Haier Group and a long-timer partner of Pakistan cricket, won rights for the Peshawar franchise.

“The best part is that all the team owners are ardent cricket fans and their dedication will make this league a success,” Najam Sethi, chairman of the PSL, said.

Sethi says coaches will be chosen over the next 10 days, and players' draft will be held later this month.

In another development, Habib Bank Limited (HBL) joined the PSL as title sponsor for the first three years of the league.

As a result of this partnership, the league will now officially be known as the HBL Pakistan Super League.

Having reserved production rights to ensure international standard coverage, PSL’s broadcast arrangements have also been finalised for the next three years with Sunset+Vine as the producers.

Matches will be aired in Pakistan on Ten Sports and PTV Sports. Global TV rights for the same duration have been sold to Tech Front, a UAE-based media rights acquisition company.

Commenting on this development, Mr. Najam Sethi said: “Having awarded production rights to Sunset+Vine, the next step was to ensure that we get the maximum number of eyeballs and I would like to welcome our media rights partners.”

“The sale of all commercial rights – broadcast, franchise, and sponsorship - is perfectly in line with the league’s budgetary estimates,” added Sethi.

The first edition of the PSL will take place from 4-23 February, 2016 with matches taking place in Dubai and Sharjah.

....

 

[My-Analogous]

Yearly team budget of one IPL team is 30 million USD and you can buy all teams in PSL for 1/3 rd of this yearly budget.

Bhai Ummah league he bana lo ..

Inferiority complex symptoms
When a person feels that he is less worthy than others, that he is not adequate and that he is worthless then it is said that he is suffering from inferiority complex.

Because inferiority hurts the Ego so much a person who feels inferior always comes up with powerful defense mechanisms that helps him hide his feelings of inferiority from others and even from himself!!!

Most of these defense mechanisms are launched by the subconscious mind and so the person never becomes aware of that fact that he is using these mechanisms to hide something.

In this article i will tell you about inferiority complex symptoms so that you can realize whether you or a friend of yours are in need of help or not. Don't read one point then believe that you have inferiority complex but instead make sure that all the points match your current behavior before you can make a conclusion.

Inferiority complex and behavior

• Over compensation: One of the most famous defense mechanisms people use to hide their inferiority feelings is to act superior. Not only will those people act as if they are superior to others but they will also devalue anybody who doesn't treat them as if they were superior. By doing so they can protect their ego by considering anybody who doesn't think that they are superior worthless!!
• Success and inferiority: Because those people believe that there is something wrong with them they build walls around them that prevents people from seeing their imaginary flaws. Such barriers can be outstanding performance, impressive success stories, fame, power...etc. The more the person builds these barriers the less likely someone will question his competence. Its as if that person is trying to win the race and be the first so that he doesn't give the chance to people to examine his flaws, after all if he is extremely successful and brilliant who will ever think that he is inferior? (see Ambitious people)
• Excessive anxiety: when the person who feels inferior doesn't manage to build the barriers i talked about he uses another mechanism which is excessive anxiety. Without being aware, the subconscious mind of the person makes him become anxious whenever he encounters people who might remind him of this inferiority. By doing so the subconscious mind makes sure that the person will avoid those who make him feel inferior!! So fear of public speaking, fear of approaching the opposite sex and stage fright can sometimes be symptoms of inferiority
• Oversensitivity to criticism: In the Solid Self confidence program i said that people with inferiority complex have a real hard time dealing with criticism. We all hate criticism but for a person who feels inferior criticism is considered a successful attempt in discovering his real flaws and that's why he can never handle them. The person who feels inferior spends a considerable amount of time building walls to hide his imaginary flaws and that's why he feels really bad whenever someone criticizes him
• Excessive showing off: Because the person feels inferior he wants to make others believe that he is worthy and that's why he shows off. The reason for excessive showing off is that the person assumes that everybody is looking down on him and thus he has to do a counter action to improve his perceived image
• Devaluing others: whenever i give a lecture anywhere i always find a person who knows nothing but insists on trying to prove me wrong. Usually an inferior person will be threatened whenever he considers anybody superior to him and in such a case the best defense mechanism he thinks about is trying to devalue that superior person at any cost

Do you feel inferior?
if you found that you are doing all of these things then don't worry
Inferiority complex has a cure and isn't something that can't be treated

 

[Raja.Pakistani]

Yearly team budget of one IPL team is 30 million USD and you can buy all teams in PSL for 1/3 rd of this yearly budget.

You are world super power and we are land of poor people so no competition . Let people enjoy these matches and stop behaving like typical baniya whose all attention revolve around money, money and money

 

[Sara Malik]

Its nice to see that ARY have purchased team now hoping that there will be more media coverage of the event.

 

[Talha Sheikh]

India ki IPL ajaradari khatam hoti ja rahe hae, Phla BPL or ab PSL

 

[salnamnaseem07]

That is PSL for u

 

[Awi]

Best of luck, but plzz cheer leaders Ukraine se lana.. Sri Lanka jaisa mat karna...

...... Man you are confusing this sporting event to some showoff glamour event, i guess Indian P0rn League (IPL)?? am i right?