PCB Hires One of the Biggest Audit Firms to Shape PSL’s Multi-Billion Rupee Future

The Pakistan Cricket Board (PCB) has turned to one of the world’s leading audit firms to address one of the most pressing matters in Pakistan Super League (PSL) history: the long‑delayed franchise valuation.

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According to Saleem Khaliq, the PCB has formally commissioned Ernst & Young (EY), one of the Big Four accounting firms, to carry out a comprehensive audit of the league’s six franchises—a process that will not only determine renewal fees for existing teams but also set the financial base for two new entrants. The move will shape the PSL’s commercial future for at least the next decade.

The PCB had already set the wheels in motion for a potential valuation of the PSL’s commercial assets, but progress had been slow until recently.

The audit work of the PSL is expected to begin next month, with EY reportedly given six weeks by the PCB to complete the process. The final report is due in October, and early indications suggest it may propose at least a 25% hike in franchise fees, which have remained unchanged since the league’s inception in 2015.

For the audit, EY will collect financial data from both the PCB and the franchises. While teams are not legally bound to disclose their full accounts, withholding information could backfire, as the auditors would then rely on estimates—possibly undervaluing the franchises’ actual contributions.

There are also lingering concerns over the league’s broader operations. Insiders point out that several key commercial agreements are still pending, and the schedule for the PSL’s 11th edition has yet to be finalized, despite repeated assurances from PCB Chief Operating Officer Salman Naseer.

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Still, the valuation exercise is viewed as a necessary reset. Once complete, it will lay the foundation not only for renewing contracts with existing franchises but also for expanding the league—something that could elevate the PSL’s profile in the global cricket market and strengthen its financial base.

For fans and stakeholders alike, October’s report may prove to be one of the most significant documents in the PCB and PSL’s history.

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