The Pakistan Cricket Board has ended up with bumper earnings of two.3 billion PKR from organising the seventh version of the  in January-February this yr.

An official spokesman of the PCB confirmed that the board had earned a web revenue of roughly 2.3 billion Pakistani Rupees from the PSL.

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“Let me be clear that that is the online revenue of the PCB and the revenue of the six franchises which took half within the PSL is separate,” he said.

Asked to give out an approximate figure of the profits which will be distributed from the central pool to the six teams, he said these could not be disclosed due to confidentiality clauses.

“We have declared our profit from the PSL as it is our profit but we can’t disclose the profits that will be given to the franchises,” he mentioned.

This, maybe, is the very best revenue earned by the PCB from the organisation of the PSL because it was launched in 2016.

Generally the PCB shares a 5-95 revenue sharing components with the franchises from the cash earned from broadcasting, title sponsorship, gate cash and different rights.

The official admitted that as a result of COVID-19 pandemic disturbing the PSL 5 and 6 editions, the board needed to distribute compensation quantity of 1 billion rupees to the franchises to make up for his or her working losses.

The official mentioned that as a consequence of a worthwhile season the reserve funds of the board had additionally jumped from 12 billion to fifteen billion rupees this fiscal yr.

“Given the truth that due to the COVID pandemic since 2020 many cricket boards have suffered losses of revenues and confronted determined instances the PCB has not solely managed to remain safe however even made earnings from the PSL.”

He also said that at least five of the six franchises in the PSL 7 would make profits this year.

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