Pakistan Cricket Board Chairman Mohsin Naqvi meets a constitution agency’s representatives for brand spanking new contracts with franchises on October 26, 2025.— Reporter
Forward of the expiration of the present franchises’ contracts in December, the Pakistan Tremendous League (PSL) administration has ready for a decade-long new enterprise primarily based on valuation stories compiled by chartered companies.
In response to a press release issued by the Pakistan Cricket Board (PCB), the franchise market worth shall be determined by the chartered companies, and solely eligible franchises will get a contract.
In a gathering with Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi on Sunday, constitution agency’s representatives, Chief Government Officer (CEO) PSL Salman Naseer and Chief Working Officer (COO) Sameer Syed, shared a valuation report.
Chairman Naqvi, following a evaluation and inquiring in regards to the report, directed them to fulfill franchise homeowners to signal a brand new contract as quickly as doable.
The brand new contract shall be signed on the premise of the valuation report, and the chartered agency will recommend a brand new worth.
In 2015, Karachi Kings was purchased for $2.6 million, Lahore Qalandars for $2.5 million, Peshawar Zalmi for $1.6 million, Islamabad United for $1.5 million, and Quetta Gladiators for $1.1 million.
In 2017, Multan Sultans have been purchased for an annual price of $6.35 million.
Notably, the PCB, in its assertion, categorically talked about that the contracts will solely be renewed with “eligible” franchises.
The reiteration got here amid a standoff between the PSL administration and franchise Multan Sultans, who have been accused by the PCB of violating a number of clauses listed in its 10-year contract.
