Pakistan Super League - PSL

[ghazi52]

To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.

Accept third party cookies

 

[ghazi52]

To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.

Accept third party cookies

 

[ghazi52]

PSL initiates asset valuation process​

The valuation process will commence later this month

Saleem Khaliq
August 27, 2025

Lahore Qalandars celebrate winning the 2025 HBL PSL 10 title.

KARACHI: Pakistan Super League (PSL) management has formally initiated a comprehensive valuation process of all its commercial assets, reinforcing its commitment to transparency, fairness, growth and long-term sustainability.

Following the conclusion of a public tender process initiated in July, the contract for these valuation services has been awarded to Ernst & Young (EY MENA) one of the world’s leading professional services firms.

The valuation process will commence later this month and is expected to be completed within a five- week period. EY MENA will engage with all relevant stakeholders of the PSL, carry out market research, benchmarking exercises, and formulate projections and valuations.

The TORs for the exercise were approved by the PSL Governing Council and include, amongst other items, the following:

• The Fair Market Value of all existing Franchises
• The Valuation of commercial rights including Media, live-streaming and In-stadia sponsorships
• The Valuation of Title Sponsorship rights
• The Valuation of New Franchise teams

This process with respect to determining the Fair Market Value and renewal franchise fee for the existing franchises is in line with the terms and conditions of the existing franchise agreements which are nearing completion.

Speaking on the development, CEO PSL Salman Naseer said: “This valuation marks a pivotal step in the evolution of the PSL which has cemented its place as one of the leading cricket franchises in the world. By engaging an independent global leader like EY MENA, we are ensuring absolute transparency and fairness in determining the fair market value of our franchises and commercial rights.

“As we look toward the renewal cycle and addition of new team(s), this process will give current and prospective stakeholders complete confidence in the league’s growth trajectory and long-term sustainability. Once the valuation report has been reviewed internally, the PCB will take informed and strategic decisions that will shape the future of the league.”

The PSL continues to be a cornerstone of Pakistan’s sporting landscape, driving cricketing excellence, commercial success and global recognition. With the upcoming renewal cycle of commercial assets, PSL is poised to offer even greater opportunities for investors, fans, and players alike.

 

[ghazi52]

PSL operations hit slowdown amid delays in team valuation​

Franchise owners grow concerned as uncertainty deepens over the league’s future direction

Saleem Khaliq
October 14, 2025

Lahore Qalandars celebrate with the PSL trophy after winning the 10th edition earlier this year. PHOTO: PSL

KARACHI: The affairs of the Pakistan Super League are progressing as slowly as those of Test cricket. The valuation process for existing franchises has dragged on, delaying the sale of new teams and the renewal of commercial agreements. Even the dates for the 11th edition have not yet been finalized, and the current teams are growing frustrated with the situation.

According to details, separating Pakistan Super League (PSL) under the leadership of Salman Naseer has so far shown no visible benefits, as operations are moving at a very sluggish pace. There has been no contact with franchise owners, leaving them concerned. The valuation process has been prolonged, preventing the renewal of existing team agreements. The audit firm had contacted franchises for information, which they have already provided, but progress remains stalled.


Work on adding two new teams has also not begun, and even the model for their inclusion remains undecided. Initially, there was a proposal to hold the 11th edition at the end of this year, but later it was suggested to schedule it alongside the IPL in April or May next year. However, no official announcement has been made in this regard either.

The accounts for the 10th edition have not been finalized, and some key stakeholders have not made their payments yet. Important matters such as the extension of the 10-year title sponsorship deal, ground sponsorships (in 8–10 categories), domestic and international broadcast rights, live streaming, production, and other commercial agreements have not even started.

Sources revealed that Salman Naseer remains deeply involved in other PCB matters. During the Asia Cup, he was quite active as an Asian Cricket Council (ACC) official. He has also been unable to form his own dedicated team. A woman hired temporarily before the 10th edition was later made permanent, but questions remain over her effectiveness.

Franchise officials are reportedly frustrated. They had hoped for improvement under Salman Naseer’s leadership but now seem disheartened by the lack of progress.

To clarify the reasons behind the delays in PSL operations — including the inclusion of new teams and renewal of agreements — Express Tribune contacted Salman Naseer directly and also through the media department. Although he initially agreed to respond, several days have passed without any reply.

 

[ghazi52]

PSL operations hit slowdown amid delays in team valuation​

Franchise owners grow concerned as uncertainty deepens over the league’s future direction

Saleem Khaliq
October 14, 2025

Lahore Qalandars celebrate with the PSL trophy after winning the 10th edition earlier this year. PHOTO: PSL

KARACHI: The affairs of the Pakistan Super League are progressing as slowly as those of Test cricket. The valuation process for existing franchises has dragged on, delaying the sale of new teams and the renewal of commercial agreements. Even the dates for the 11th edition have not yet been finalized, and the current teams are growing frustrated with the situation.

According to details, separating Pakistan Super League (PSL) under the leadership of Salman Naseer has so far shown no visible benefits, as operations are moving at a very sluggish pace. There has been no contact with franchise owners, leaving them concerned. The valuation process has been prolonged, preventing the renewal of existing team agreements. The audit firm had contacted franchises for information, which they have already provided, but progress remains stalled.

Work on adding two new teams has also not begun, and even the model for their inclusion remains undecided. Initially, there was a proposal to hold the 11th edition at the end of this year, but later it was suggested to schedule it alongside the IPL in April or May next year. However, no official announcement has been made in this regard either.

The accounts for the 10th edition have not been finalized, and some key stakeholders have not made their payments yet. Important matters such as the extension of the 10-year title sponsorship deal, ground sponsorships (in 8–10 categories), domestic and international broadcast rights, live streaming, production, and other commercial agreements have not even started.

Sources revealed that Salman Naseer remains deeply involved in other PCB matters. During the Asia Cup, he was quite active as an Asian Cricket Council (ACC) official. He has also been unable to form his own dedicated team. A woman hired temporarily before the 10th edition was later made permanent, but questions remain over her effectiveness.

Franchise officials are reportedly frustrated. They had hoped for improvement under Salman Naseer’s leadership but now seem disheartened by the lack of progress.

To clarify the reasons behind the delays in PSL operations — including the inclusion of new teams and renewal of agreements — Express Tribune contacted Salman Naseer directly and also through the media department. Although he initially agreed to respond, several days have passed without any reply.

 

[ghazi52]

To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.

Accept third party cookies

 

[ghazi52]

Ali Tareen apologises to PSL management … then tears up notice, and the internet can’t look away​

If PSL 11 ever needs a trailer, X has already storyboarded it.

Images Staff
24 Oct, 2025



It was an ordinary Thursday night, until it wasn’t. Multan Sultans owner Ali Tareen decided to post a video on X, ‘apologising’ to the Pakistan Super League management, but with a twist that would make even the most seasoned soap opera writers proud.

Holding what appeared to be the PSL’s legal notice to his franchise, Tareen spoke solemnly about “wanting to apologise” before dramatically tearing up the letter on camera. Cue background music, camera zoom, collective gasp.

For those who missed the build-up, tensions had been simmering for months. In March, he even slammed the PSL for letting the ‘same middle-aged dude’ helm its official anthem year after year.

After repeatedly criticising the PCB and PSL for “mediocrity” and “stagnation”, Tareen was issued a legal notice by the league, threatening the suspension of his franchise and his future as a team owner. But instead of a settlement, we got a cinematic Ali Tareen moment that no one saw coming.

Naturally, the internet lit up with memes.

One of the first reactions set the tone with a simple verdict.

 

[ghazi52]

To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.

Accept third party cookies

 

[ghazi52]

Two new teams, as many venues on the cards for next PSL season, says CEO Salman Naseer​

Dawn Sport
October 24, 2025

The Pakistan Super League (PSL) is set for its biggest expansion yet, with two new teams and two additional venues expected to feature in the next edition of the tournament, PSL Chief Executive Officer Salman Naseer revealed on Friday.

Speaking during a podcast released by the Pakistan Cricket Board (PCB), Salman said the board was “very seriously considering moving on to six venues this time,” adding that “HBL PSL 11, God willing, will be played across six venues.”

He said the long-forgotten Imran Khan Stadium, formerly Arbab Niaz Stadium, in Peshawar was “almost ready,” but required some final upgrades before it could host matches of international standard. “We are certainly trying to prepare it for PSL 11,” he said.

“But what we need also is for the lease agreement to take place. For us to invest significantly as the PCB in this venue, we need to have a long-term lease in place.”

Salman confirmed that Faisalabad was also being lined up as the other new host city. “The other venue, as people may have already guessed, since there are international matches scheduled there, is going to be Faisalabad,” he added.

 

[ghazi52]

On the league’s expansion plans, the PSL chief said the PCB was targeting two new franchises for the next season, with the tender process for team sales to begin in November. “There is a lot of interest and we are very keen to explore that interest,” he said.

“And how things look right now, it seems there’s going to be a lot of competition here too.”

The PSL, which began in 2016 with five teams, expanded to six franchises with the addition of Multan Sultans in 2018. The inclusion of two more sides would mark its first major restructuring in seven years and push the total number of teams to eight.

Salman’s revelations come a day after it emerged that the PCB had sent a legal notice to PSL franchise owner Ali Khan Tareen threatening termination of the franchise agreement with the board.

According to sources, the PCB is unimpressed by Ali’s criticism of the PSL management for what he believed was incompetence to improve the league as a brand.

While Multan Sultans said on Thursday the “PCB management to treat constructive criticism as a crime is outrageous”, Ali released an acerbic video late at night defending himself and apparently tearing apart the notice to conclude it.

 

[ghazi52]

 

[ghazi52]

‘Preparation of PSL franchise agreements enter final stages’, PCB says​

Agencies
October 27, 2025



LAHORE: Preparations for a new 10-year Pakistan Super League (PSL) franchise agreement have entered the final stages, the country’s cricket board announced on Sunday, as the league moves towards its most significant expansion since inception.

In a statement, the Pakistan Cricket Board (PCB) said representatives of the chartered firm EY MENA met with the board’s chairman Mohsin Naqvi to present the PSL’s valuation report, which will serve as the basis for the upcoming franchise contracts.

The meeting was also attended by PSL Chief Executive Officer Salman Naseer and PCB Chief Operating Officer Sumair Ahmed, while Mohsin Iqbal and his team from EY MENA briefed the chairman on the league’s updated market assessment.

According to the board, Naqvi directed the chartered firm to meet all PSL franchises and instructed officials to finalise new franchise agreements as soon as possible. The current six franchise contracts expire in December, while the number of teams is expected to increase to eight under the new structure.

The PCB said the new contracts would be based on the valuation report and would only be signed with eligible franchises. EY MENA has been tasked with determining the updated market value of all teams.

The move coincides with the board’s efforts to expand the league to six venues, as revealed by Salman in a podcast released on Friday.

Published in Dawn, October 27th, 2025

 

[ghazi52]

To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.

Accept third party cookies

 

[ghazi52]

Multan Sultans look to ease tensions with PCB, send proposal for ‘stronger’ PSL​

Dawn Sport
October 28, 2025



Amid recent tensions between Multan Sultans and the Pakistan Cricket Board (PCB), the PSL franchise on Tuesday submitted a proposal to the PCB aimed at strengthening the Pakistan Super League “through better governance, transparency, and partnership”, according to a statement.

The letter to PCB Chairman Mohsin Naqvi “acknowledges recent tensions but frames this as an opportunity to rebuild trust and put professional systems in place so the PSL can reach its full potential.”

 

[ghazi52]

Franchise owners will have right to match new team valuation or walk away, says PSL CEO Salman Naseer​

Dawn Sport
October 29, 2025



Pakistan Super League CEO Salman Naseer shakes hands with HBL official Ali Habib after a press conference at the National Bank Stadium on October 29, 2026.–Courtesy PSL


With the revaluation of the existing six Pakistan Super League (PSL) franchises set to complete, the current team owners will have the right to match it to retain their ownership or walk away, the league’s chief operating officer Salman Naseer said on Wednesday.

Independent auditors Ernst & Young (EY) are to deliver the final valuation report this week, Salman confirmed, setting a new benchmark price for a 10-year extension.

“Once it’s ready, each franchise that’s in full compliance with its contractual obligations will be presented with the new valuation figures,” Salman said during a press conference at the National Bank Stadium on Wednesday.

“Under their existing agreements, they’ll have the first right of renewal for the next 10 editions based on that valuation.

“After that, if any franchise chooses not to renew, those team rights will be offered through an open process, where new investors can come in under the updated structure.”

The valuation’s completion dovetails with the PSL’s most ambitious structural shift yet: expansion to eight teams starting with the next edition.

Two new franchises will be awarded through an open auction, Salman revealed, with bidders selecting from a PCB-curated “pool of cities” to ensure balanced geographical representation.

“Interest is already overwhelming,” he said, sidestepping questions on base prices but indicating a floor “significantly higher” than historical benchmarks.

Salman confirmed that PSL has been registered under as a separate entity under the Pakistan Cricket Board umbrella, designed to provide “dedicated resources and undivided attention” without duplicating the parent body’s expertise.

“The debate is ongoing at the Board of Governors,” he noted. “How much autonomy versus synergy? The goal is simple: let the PSL scale while staying integrated where it counts.”

The press conference, however, could not escape the lingering controversy surrounding Multan Sultans owner Ali Tareen, whose public accusations of mismanagement, selective leaks, and valuation opacity have dominated social media and fractured fan sentiment.

Salman addressed the issue directly but succinctly after fielding expansion queries, his tone measured yet unyielding.

“This is a family matter,” he stated. “It will be resolved in boardrooms and, if needed, legally.”

To a follow-up on whether the PSL’s relative silence was ceding narrative ground to Tareen, potentially damaging the league’s image among fans, Salman replied: “You’re asking me to fight fire with fire. I won’t. Leaking documents, public mudslinging—that’s not how we operate. This league has survived exile, Covid, and worse. It has its own momentum now. It will go on—with or without any individual.”

Meanwhile, Salman revealed that the HBL, the PSL title sponsor for its first decade, has extended its agreement for two more years at an increase of 505 per cent to the inaugural deal in 2016.