PCB generates over PKR2.5bn revenue from PSL4: report

• Major share of income came from eight matches held in Karachi.

Pakistan Cricket Board (PCB) has generated over PKR2.5 billion revenue from Pakistan Super League (PSL) season four, which was played in Pakistan and United Arab Emirates (UAE).

The tournament took place between February and March with the final in Karachi where Quetta Gladiators defeated Peshawar Zalmi by eight wickets.

In the 32-day event, 34 matches were played in both UAE and Pakistan and for the first time Karachi hosted of them, which turned out to be a huge success and paved way of organizing entire PLS in the country.

As per Cricket Pakistan, PCB faced a delay in receiving a payment form one of its partners, which is now cleared.

The site citing its sources reported that after finalising financial account, PCB earned from the event is around PKR2.79 billion. From this amount, PCB will pocket PKR1.07 billion while franchises will share PKR1.72 billion — which means PKR286 million per franchise.

The major revenue came from the matches which were held in Pakistan.

The board generated PKR111.23 million from gate money during the 26 matches of UAE, while it bagged PKR190.98 million from the eight matches in Pakistan.

The revenue-sharing ratio of gate money is 30 per cent for PCB while the rest is divided equally among the franchises.

Television broadcasting deal for both Pakistan and UAE was another major source of board’s income which was around 1.17 billion and 240 million respectively.

The PCB is responsible for players’ match fees, on behalf of franchises, daily allowance, traveling and other miscellaneous expenses, which could mean that franchises will end up with a nominal amount of money or nothing at all.

All six teams have to submit yearly franchise fee as well, which is an additional burden. Although franchises earn money from sponsors and other related sources but it might not be enough to ensure that the fourth edition was a profitable one for most of them.