Islamabad United gamers (left) and Karachi Kings gamers.— Fb/@IsbUnitedPak and @KarachiKingsARY
Karachi Kings and Islamabad United have renewed their franchise rights for one more decade, securing possession after reaching an settlement, the Pakistan Cricket Board (PCB) confirmed on Tuesday.
Franchises have prolonged their settlement on the up to date market valuation, the PCB mentioned in a press release.
The renewal underscores the arrogance that companions proceed to put within the PSL’s rising business attraction and robust model presence, because the league prepares to characteristic eight groups from Season 11 onward, the assertion added.
PCB Chairman Mohsin Naqvi expressed his pleasure over the continuation of Karachi Kings’ and Islamabad United’s possession, highlighting the franchise’s vital contribution to the league and cricket in Pakistan.
The chairman added that Ali Naqvi has been an exemplary companion whose dedication and professionalism have strengthened each their franchise and the league. Their determination to resume reaffirms the belief positioned within the PSL’s imaginative and prescient, development, and long-term potential.
PSL Chief Govt Officer (CEO) Salman Naseer additionally praised each franchises for his or her dedication and influence on the league.
He hopes that they proceed to contribute past the decision of obligation,” he said.
He added that their belief in the PSL and efforts in promoting cricket and nurturing talent are deeply appreciated.
“We are excited about this renewed partnership and the bright future,” Naseer mentioned
Since lifting their maiden PSL title in 2020, Karachi Kings have remained one of many league’s most recognisable and commercially influential franchises.
Islamabad United are the first-ever champions of the PSL and stay one of many league’s most constant franchises, identified for his or her sturdy cricketing tradition and data-driven strategy.
