A key Pakistan Super League (PSL) meeting is expected to be held virtually on July 29, with franchise owners and Pakistan Cricket Board (PCB) officials set to discuss financial and operational matters following the conclusion of the league’s 11th edition.
According to sources, the meeting will focus on pending central pool revenue payments, the finalization of PSL 11 accounts, and outstanding dues from a major stakeholder. July 30 has been kept as an alternate date if required.
PSL 11 Accounts Yet to Be Finalized
Sources said the financial accounts for the 11th edition of the PSL have not yet been finalized, leaving franchises awaiting their share of the league’s central revenue pool.
Under the existing agreement, franchises are scheduled to receive 50% of their central pool payment within two months. However, the PCB first deducts expenses it covers directly, including player salaries, travel, and accommodation, while an additional 10% share is retained under the league’s financial arrangements.
Outstanding Dues Delay Payments
According to sources, the delay is linked to unpaid dues from a major stakeholder. A similar issue involving outstanding payments also affected the previous PSL season.
Officials remain optimistic that the pending financial matters will be resolved, allowing the accounts to be finalized and payments released to franchises.
New Franchises Covered by Revenue Guarantee
The 11th edition of the PSL featured eight teams following the addition of two new franchises.
The PCB had assured the two new teams a minimum central pool income guarantee of Rs850 million per franchise for the next five PSL editions. If revenue falls below the guaranteed amount in any season, the board will compensate the shortfall or adjust the difference against the following season’s franchise fee.
Historically, central pool distributions have generally exceeded the guaranteed minimum, according to league officials.
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