PSL to operate independently after PCB approval; domestic cricket budget increased to Rs 4 billion | Cricket News:
The Pakistan Cricket Board (PCB) has approved a significant change in: Pakistan Super League (PSL), giving 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 change in the management of the PSL, which has been directly managed by the PCB since its inception in 2016.
The PSL 12 budget was approved amid financial restructuring
The decision comes after months of discussions about the league’s financial and governance structure. Despite approving autonomy for the PSL, the PCB is yet to release publicly the audited financial reports for the last two editions of the league. 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 budget allocations for the coming financial year to members. In a major boost to Pakistan’s domestic cricket structure, the PCB has increased the domestic cricket budget by Rs1 billion, taking the total allocation from Rs3 billion to Rs4 billion.The Board also announced a significant increase in player wages. Match fees for players participating in the Quaid-e-Azam Trophy have 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 the stadium
The Board also approved the allocation of funds for organizing Women’s ODI and T20 tournaments, making 12 additional cricket grounds operational, and providing resources for human resource development and also set the minimum wage for regional ground staff at 42,000 rupees.An allocation of 6.70 billion rupees was also approved for upgrading infrastructure, including the National Cricket Stadium in Karachi.
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