Overview
- The Pakistan Cricket Board announced an independent valuation of PSL franchises and related commercial assets is complete.
- Renewal offer letters set revised franchise fees for the next decade and require responses within a stipulated deadline.
- The PCB arranged collective and individual sessions for franchise representatives with EY MENA to explain the valuation approach and address questions.
- Valuation reports for two additional franchises have been received, with the formal tender and sale process slated to begin shortly.
- Interested bidders can choose franchise cities from Hyderabad, Sialkot, Muzaffarabad, Faisalabad, Gilgit or Rawalpindi.