The Pakistan Super League didn’t just add two teams—it reset its economics, politics, and competitive balance. The record-breaking acquisition of the Sialkot and Hyderabad franchises has pushed the PSL into a new era where ownership depth, infrastructure promises, and draft rules matter as much as star power.
This is not expansion for expansion’s sake. This is a stress test of governance, credibility, and cricketing merit.
The Sialkot PSL franchise is quietly one of the smartest long-term bets in the league.
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Franchise fee fixed at PKR 185 billion for 10 years
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Revenues and valuations are effectively USD-linked, while payments are made in PKR
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Over a decade, PKR depreciation alone could save Sialkot’s owners up to USD 1.6 million
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The dollar is highly unlikely to stay near PKR 280 for ten straight years
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Every additional PKR 10 depreciation translates into a deeper real-dollar discount on the franchise fee
In simple terms:
Sialkot locks in a hard PKR cost while operating in a softening currency environment—a built-in hedge that improves margins with time.
Not just a cricket decision.
A currency-arbitrage business play aligned perfectly with Pakistan’s macro reality.
A smart hedge. An even smarter franchise deal.
