Leonine Global Sports (LGS), the owners of Islamabad united announced on Monday that they are up-to-date with all the payments and have no liabilities as far as the Pakistan Cricket Board (PCB), the Pakistan Super League (PSL) or any other franchise related finances are concerned.
The franchise, Islamabad United, and the parent company, LGS, aim to uphold the highest levels of corporate governance and aim to achieve that going forward too, said a spokesman of the Islamabad united here.
“Islamabad United will continue to work with the PCB and all other related parties to deliver a very successful and enjoyable PSL 3 for its fan base”, he added.
He said there have been speculations in the media regarding finances of various franchises involved in PSL and termed them a baseless propaganda.
He said the preparation for the third edition of the HBL PSL was currently underway, and going smoothly. With the tournament exactly a month away, the inaugural champions of Pakistan’s premiere cricket tournament are in the process of laying the groundwork for their success on the field, and continuing their trailblazing ways off it. The franc has a number of exciting activities planned which will be announced starting this week.
Islamabad United is one of the six franchise teams in the PSL and is the winner of the first season of the PSL. The franchise believes in bringing change to Pakistani sports with the introduction of international standards of practice and a commitment to continuous progress.
