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PSL to Shift Financial Model from Dollars to Rupees; New Team Expansion Under Review
Major changes ahead for the Pakistan Super League — PCB plans to switch franchise payments from USD to PKR, renew team contracts, and expand from six to eight teams. A new era of PSL finance begins.
MH
by Muhammad Hashir
2025-10-25
PSL to Shift Financial Model from Dollars to Rupees; New Team Expansion Under Review

Significant financial reforms are being considered in the upcoming valuation of the Pakistan Super League (PSL), with the Pakistan Cricket Board (PCB) reportedly planning to overhaul the league’s existing financial structure.

According to reliable sources, one of the key proposals under review is the conversion of all PSL financial transactions from U.S. dollars to Pakistani rupees — a move aimed at reducing foreign exchange risks and stabilizing long-term franchise operations. The PCB is also considering offering ownership rights for new teams in Pakistani rupees instead of dollars.

Sources further revealed that the PCB will dispatch draft contract renewals to all six existing PSL franchises within the coming week. Teams that decline to accept the new terms will automatically be placed in an open bidding process.

Currently, the contracts of the six PSL franchises are set to expire in December, and the PCB is preparing a strategic plan that could see the addition of two new teams, increasing the total from six to eight.

The Pakistan Super League, launched in 2015, has seen major franchise investments over the years. Karachi Kings were acquired for $26 million, Lahore Qalandars for $25 million, Peshawar Zalmi for $16 million, Islamabad United for $15 million, and Quetta Gladiators for $11 million. In 2017, Multan Sultans entered the league with a record $63.5 million franchise deal.

Sources indicate that the new valuation process is expected to significantly reshape the financial model of the PSL, potentially impacting franchise valuations, profit-sharing mechanisms, and overall revenue distribution.

Analysts say the move to conduct financial dealings in rupees could help local investors and create a more sustainable financial ecosystem for the league, especially amid fluctuating exchange rates and rising operational costs.

If approved, these proposed changes could mark the most substantial restructuring of the PSL since its inception — paving the way for a stronger, locally anchored future for Pakistan’s premier cricket league.
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pcb

psl

CricketPakistan

PakistanSuperLeague
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