The Pakistan Cricket Board (PCB) has approved a historic restructuring of the country Pakistan Super League (PSL), granted 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, which will mark a significant change in the governance of the PSL, which has been directly managed by the PCB since its inception in 2016.
PSL 12 budget approved amid financial restructuring
The decision comes after months of discussions about the league’s financial structure and governance. Despite approving autonomy for the PSL, the PCB has yet to release the audited financial statements for the last two editions of the league. The Council also approved the budget for the 12th edition of the PSL while clearing the surplus budget for the financial year 2026-27. However, the PCB did not disclose the full financial details of the new budget.Chief Financial Officer Javed Murtaza presented members with a detailed overview of the board’s financial position and budget allocations for the upcoming fiscal year. 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 Council 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 get Rs50,000, up from Rs15,000.
Rs6.7 billion allocated to the stadium
The Council also approved the allocation of funds for organizing women’s ODI and T20 tournaments, making 12 more cricket grounds operational, and providing resources for the improvement of human resources and also fixed the minimum salary 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.
