Xplorich
The Pakistan Cricket Board (PCB) has approved a landmark restructuring of the Pakistan Super League (PSL), granting the country’s premier T20 competition full administrative and financial autonomy as part of a series of key decisions taken during the 84th meeting of the PCB Board of Governors (BoG) in Lahore on Monday.According to PTI, The meeting, chaired by PCB Chairman Mohsin Naqvi, unanimously approved the move, marking a significant shift in the governance of the PSL, which has been managed directly by the PCB since its inception in 2016.
PSL 12 budget approved amid financial restructuring
The decision comes after months of discussions over the league’s financial structure and governance. Despite approving autonomy for the PSL, the PCB is yet to publicly release the audited financial reports for the league’s last two editions. The Board also approved the budget for the 12th edition of the PSL while clearing the surplus budget for the 2026-27 financial year. However, the PCB did not disclose the complete financial details of the new budget.Chief Financial Officer Javed Murtaza presented a detailed overview of the board’s financial position and budgetary allocations for the upcoming fiscal year to the members. In a major boost to Pakistan’s domestic cricket structure, the PCB increased the domestic cricket budget by Rs1 billion, taking the total allocation from Rs3 billion to Rs4 billion.The Board also announced significant increases in player remuneration. Match fees for players participating in the Quaid-e-Azam Trophy have been more than tripled from Rs30,000 to Rs100,000 per match, while reserve players will now receive Rs50,000, up from Rs15,000.
Rs6.7 billion allocated for stadium
The Board also approved the allocation of funds for organising Women’s ODI and T20 tournaments, making 12 more cricket grounds operational, and providing resources for human resource improvement and also fixed the minimum wage for regional ground staff at 42,000 rupees.An allocation of 6.70 billion rupees was also approved for the upgradation of infrastructure, including the National Cricket Stadium in Karachi.
