The Pakistan Cricket Board (PCB) has approved a major restructuring 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 PCB’s 84th Board of Governors (BoG) meeting in Lahore on Monday.According to PTI, a meeting chaired by PCB chairman Mohsin Naqvi unanimously approved the move, marking 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 debate over the league’s financial structure and governance. Despite granting autonomy to the PSL, the PCB is yet to make public the audited financial statements for the last two editions of the league. The committee also approved the budget for the 12th edition of PSL while clearing the surplus budget for the financial year 2026-27. However, the PCB did not reveal all the 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 increased the domestic cricket budget by Rs1 billion, raising the total allocation from Rs3 billion to Rs4 billion.The board also announced significant increases in player compensation. The 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.
6.7 billion rupees have been allocated for the stadium
The committee also approved allocation of funds for organizing women’s ODI and T20 tournaments, commissioning 12 more cricket grounds and providing resources for improving human resources, and also fixed the minimum salary for regional field 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.
