The valuation process of the Pakistan Super League (PSL) and its franchises has faced unexpected delays, causing a significant setback to the planning of the league’s upcoming edition.
According to sources, the Pakistan Cricket Board had hired a foreign firm to conduct the valuation process. While the company has completed the valuation of PSL and several franchises, the lack of cooperation from multiple franchises has stalled progress and prevented the finalization of the process.
Sources added that the delay in valuation has also impacted several key matters related to the next edition of the PSL, including the potential inclusion of two new teams and finalizing the structure of the league.
The valuation aims to determine the total worth of franchises and commercial rights. Once the valuation is complete, the pricing of new teams will be finalized accordingly.
The contract for the valuation was awarded to a foreign company in late August, with a five-week completion timeline. However, due to the franchises’ lack of cooperation, the process remains incomplete.
