The Pakistan Cricket Board (PCB) has successfully completed the valuation of all Pakistan Super League (PSL) franchises and associated assets.

Following the valuations, renewal offers for 10-year franchise agreements with updated fees have been sent to all eligible PSL franchise owners.

Teams have been asked to communicate their decisions to the PSL management within the designated deadline.

To ensure full transparency, the PCB has organized joint and individual meetings between franchise representatives and the chartered firm EY MENA.

These sessions will allow franchise owners to review the valuation process and raise any questions they may have.

The PCB has also received reports from EY MENA regarding potential pricing for two new PSL franchises, with the tender process for their sale set to begin shortly.

Prospective buyers will have the option to choose from several cities for their teams, including Hyderabad, Sialkot, Muzaffarabad, Faisalabad, Gilgit, and Rawalpindi.

The PCB emphasized its commitment to maintaining fair, transparent, and mutually beneficial relationships with all PSL partners, noting that the league continues to play a vital role in the growth of Pakistan cricket and its global recognition.