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PCB loses millions due to irregularities in first two PSL

Huge irregularities have cost millions of rupees for PCB during the first two editions of the Pakistan Super League (PSL). According to a report, PCB faced a Rs 248.615 million loss due to irregular payments to franchises. The cricket board also faced loss because of irregular award of compensation to the PSL franchises of Rs 54.490 million. Unjustified auction of the franchise has resulted in a loss of $11 million.