By Asif Naveed
ISLAMABAD; Preparations for the new 10-year agreement between the Pakistan Cricket Board (PCB) and Pakistan Super League (PSL) franchises have entered their final stages.
According to sources, representatives from the chartered firm EY MENA met with PCB Chairman Mohsin Naqvi to discuss the PSL’s financial evaluation and franchise value assessment. PSL’s Chief Executive Officer Salman Naseer and Chief Operating Officer Sameer Syed were also present at the meeting.
During the meeting, Mohsin Iqbal and his team from EY MENA presented the PSL valuation report to the PCB chairman, who raised several questions regarding the findings and methodology of the report.
Chairman Mohsin Naqvi directed the firm to hold meetings with all PSL franchises individually to ensure transparency and gather input before finalising the new agreement. He instructed that the new franchise contracts be completed as soon as possible based on the valuation report.
The new agreements will be formed on the basis of the latest market valuation set by the chartered firm. The existing contracts of the six PSL franchises are set to expire in December 2025, while the total number of franchises is expected to increase to eight under the new cycle.
According to PCB sources, the upcoming contracts will be signed only with eligible and compliant franchises, as part of a broader effort to restructure and expand the league in line with international standards.
