Pakistan Cricket Board (PCB) wants to fill the treasury with new teams of PSL, with hopes to sell a team from Rs 2 to two billion annually.
According to details, after the 10th edition of the Pakistan Super League (PSL), several other contracts, including the franchise, will be extended or changed. During the 10 -year contract, the teams are to remain six, but 2 new franchises will be included from the 11th season of 2026, while the current teams will also be contracts.
Under which the fees will be increased, they have the option to maintain the franchise or refuse if they do not want to extend the contracts, however, no one has denied and have also informed the board of the decision, now a new fee will be decided after the event and the franchises’ allowance.
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In this regard, an audit company with good reputation will be hired, the PCB has fixed the dollar rate of Rs 170, the fee is paid, now the dollar has reached 282, the most expensive team of Multan Sultans is Rs 1 billion 8 million ($ 6.3 million) annually.
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The franchise increases the amount after constant loss and other expenses, the team’s value in the next period could rise to 25 % to about 1.5 billion, Karachi Kings were $ 2.6 million, Lahore Qalandars 2.5 million, Peshawar Zalmi 1.6, Islamabad United 1.5 and Quetta 1.5 million.
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However, for new teams, the board hopes a franchise will be booked for $ 7 to 10 million. In Pakistani currency, the money is made up of 2 to two and a half billion rupees, Pakistan wants to buy a team with a partner with a partners of cricket, an organization involved in grade two cricket has the same desire.
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In the past, Chairman PCB Mohsin Naqvi and League CEO Salman Naseer met with some personalities in the United States, two of them have been interested in taking the team.
Some Pakistanis living in the UK also want to join the race, however, who is serious about what time will come to a close, all franchises get the same share from the Central Pool under the current Revenue model, no matter what their fees, the current teams fear that the new franchise will be reduced.
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However, board sources say that after this season, all important agreements, including the title sponsorship and broadcast, will also be reviewed, which will increase the central pool in the same way.
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On the other hand, some constituencies are also saying that when Multan Sultans have to suffer a major loss annually in a fee of Rs. Somewhere in the past, as the Shaun Group had left the Multan Sultans, the new team should not do so, so the PCB should deal with a major party financially.
