(Sports Correspondent: Imran Sohail)
PCB Commissions Ernst & Young for PSL Franchise Valuation Audit
The Pakistan Cricket Board (PCB) has officially appointed Ernst & Young (EY), one of the world’s leading audit firms, to conduct a long-awaited valuation of the Pakistan Super League (PSL) franchises. This audit is set to play a decisive role in shaping the commercial future of the league.
The valuation process will determine renewal fees for existing teams and establish a financial framework for the inclusion of two new franchises, potentially transforming the PSL’s financial landscape for the next decade.
According to reports, EY will begin the audit next month and is expected to submit its findings within six weeks, with the final report due in October. Early expectations suggest that the firm may recommend a minimum 25% increase in franchise fees, which have remained unchanged since the PSL began in 2015.
The audit will involve gathering financial data from both the PCB and the franchises. While teams are not legally required to share complete records, failure to do so could result in valuations based on estimates—potentially lowering their perceived worth.
Industry insiders also highlight ongoing challenges, including pending commercial agreements and the delayed confirmation of the PSL 11 schedule. Despite these hurdles, the audit is widely seen as a much-needed reset.
Once completed, the valuation will provide clarity for renewal negotiations with current teams and lay the groundwork for league expansion. Analysts believe this step could significantly strengthen the PSL’s global standing and financial stability.
With the final report expected in October, fans and stakeholders alike are waiting to see how this landmark audit will redefine the future of Pakistan’s biggest cricketing brand.
