BackSPORTS
Mohsin Naqvi-led PCB rocked by billion-rupee crisis as PSL payment row explodes
The Pakistan Cricket Board faced mounting financial pressure as it seeks to recover billions in unpaid dues from PSL franchises, broadcast partners, and commercial associates. The PCB issued legal notices demanding payment or risk contract termination, amid a back-and-forth over central pool shares and a major rights-holder's outstanding dues. The dispute highlights a broader financial logjam within the PSL ecosystem.
Why It Matters
The episode underscores financial strain within the PSL ecosystem that could delay payments to franchises and affect Pakistan cricket's commercial operations.
Timeline
2 Events
PCB issues legal notices to PSL teams, broadcast partners and commercial associates over unpaid dues
May 7, 2026
The PCB reportedly issued legal notices to PSL teams, broadcast partners and commercial associates demanding payment or risk contract termination as part of an effort to stabilise finances amid delays in incoming funds. The situation has created a backlog, with the board still owing some franchises between PKR 40 to 45 crore from last year’s central pool distributions. The biggest defaulter is a company that secured PSL and international cricket rights and owes approximately PKR 4.5 billion, hindering the board’s ability to keep financial records up to date and audit accounts.
Earlier notices to defaulting PSL franchises, now cleared but seeking central pool share dating to 2010
May 2026
According to a PCB source, initially some defaulting PSL franchises were sent notices to clear their outstanding annual fees. These franchises have since cleared their dues but have asked the board to release their share from the central revenue pool for franchises pending since 2010.