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Ramiz Raja reports 71% record growth in PSL income

“HBL PSL 7 profits jumped to 71pc, the most in its history, with each franchise earning around Rs900 million, again the most in HBL PSL’s history, and all before the first ball was even bowled,” Raja said.

ISLAMABAD: Chairman of the Pakistan Cricket Board (PCB) Ramiz Raja appreciated the success of the seventh edition of the Pakistan Super League (PSL) and said that profits of the PSL tournament “jumped to 71 per cent” which was the highest in the tournament’s history.

Ramiz Raja made the comments in a press release issued by the cricketing board, which came a day after Lahore Qalanders claimed their maiden PSL title by defeating Multan Sultans by 42 runs at Gaddafi Stadium.

“HBL PSL 7 profits jumped to 71pc, the most in its history, with each franchise earning around Rs900 million, again the most in HBL PSL’s history, and all before the first ball was even bowled,” Raja said.

The PCB chairman attributed the success of the tournament to the “amazing crowds” in Karachi and Lahore.

“In my professional career, I have never seen such charged up, overwhelming, enthusiastic, lively and supportive crowds, particularly in Lahore,” he said, thanking the fans for playing a part in PSL’s success.

“I would like to thank our sponsors, players, franchises, the medical team, law enforcing agencies, local and provisional administrations, commentators and crew members, and ground staff for their untiring efforts, as well as millions watching on television all around the world who made this HBL PSL a memorable spectacle,” he added.

He concluded by saying that for next year, the PCB aims to take the league to the homes of all the franchises and to broaden its “fan reach”.

Javed Mahmood
Written By

I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.

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