The inaugural edition of the PSL is scheduled to be held next year

Image courtesy of: ESPNcricinfo

The Pakistan Cricket Board (PCB) have revealed that they have revived plans to hold the Pakistan Super League (PSL) in the United Arab Emirates next year.

The PSL, which will be a franchise-based Twenty20 tournament, was postponed in 2013 as a result of logistical problems and once again in 2014 due to issues with the bidding process.

Six companies were interested in making bids, but only two – Haier and Aman Foundation – were able to provide a bank guarantee of US$3 million.

Despite all the delays, the PCB have reiterated that the PSL will go ahead next year.

“PCB has announced that it will launch its own franchise-based T20 league with the first season scheduled to take place in the UAE next year,” PCB chairman Shaharyar Khan told the board of governors during their meeting in Lahore.

It has also been revealed that the PCB spoke to an independent consultancy company in April this year to discuss whether the PSL would be a success or a major flop.

“Based on the company’s preliminary findings, the board of governors discussed three major questions related to the league,” the PCB said in a statement. “It was decided in principle that [the] PCB will organise the league on its own and will not outsource it to any other organisation.

“It was also unanimously decided that the first edition of the league will take place in UAE with an aim of attracting maximum number of foreign players. The board of governors discussed the TOR (Terms of Reference) and decided that the league’s lead manager should be a leading professional of international repute.”