The Pakistan Cricket Board (PCB) has apprised the International Cricket Council (ICC) of its plan to launch its Premier League Twenty20 Tournament tentatively in March next year.
"The PCB has informed the ICC of a tentative window when it is planning to hold the PL as it believes that any more delays in launching the event would derail it and reduce its effectiveness to attract foreign players to Pakistan," the Daily Times quoted sources, as saying.
The PCB has indicated that it is planning to sell five franchises in the PL with each franchise to be permitted to sign on six overseas players.
"It is not going to be an easy task convincing foreign players to come and play in the PL due to the uncertain security conditions but the PCB remains confident it can move forward with the PL despite a limited window for the event," sources added.
"The PCB is also not ruling out the possibility of finding interested buyers and takers for the PL franchises in India, although the Indian Premier League is also due to begin from April 3 next year," they further said.
"Homework is being done on how to tap the Indian market where cricket has a big commercial pull and the PCB is aware that even the Bangladesh and Sri Lankan Premier Leagues had some financial backing and sponsorship from Indian companies," sources said.
"But the bottom line is until now no party has made any sort of commitment to the PCB for the PL. Right now even the PCB is testing out the waters and meeting different business houses and wealthy individuals to see where they stand," sources added. (ANI)