Who owns PSL cricket teams

Pakistan is a cricket loving nation. The cricket matches between Pakistan and India are biggest sports event and therefore good business opportunity for sponsors.

Pakistanis use to spend a lot of time on watching the game as it is long game unlike football.

Pakistan Cricket Board in its effort to reintroduce international cricket in Pakistan, established Pakistan Super League (PSL). PSL is a single entity and has five cricket teams as its franchises. The commercial rights to the initial franchises were sold for PKR 9.85 billion ( 91.4 million $) for a span of 10 years in December 2015. The first session, held in 2016, yielded 2.6 million $ in profit.

Owners of these teams are:-

Karachi Kings is owned by ARY Media Group. ARY Media Group is owned by  Salman Iqbal, whose net income for year is 90 million$.¹ Karachi King was sold to ARY Media Group for a period of 10 years, from December 2015, for 26 million$, thus making it the most expensive PSL team.                                                                                                                                                                                                                                   

Lahore Qalandars are owned by Qatar Lubricants Company limited (QALCO). QALCO is the only state-of-the-art lubricants blending plant in Qatar. This company is headed by Rana Fawad. It is the second most expensive team after Karachi Kings and was priced at 24 million $ in December 2015.

Peshawar Zalmi was sold to Haier Paksitan for 10 year period against 16 million US dollars. Javed Afridi is the CEO of Haier Pakistan. Haier Pakistan is subsidiary of Haier Group Corporation based in China.

Quetta Gladiators is owned by Omar Associates, a Karachi based company. The company was founded in 1969. Nadeem Omar is presently the CEO of the company. The group was basically a construction company but now the group is planning to enter into mining sector. The group acquired the franchise for 11 million$.

Islalmabad United Leonine Global Sports won the bid for franchise rights of Islamabad United for a decade against 15 million$. Leonine Global Sports is owned by venture capital firm Leonine Global which is based in UAE. The sports entity Leonine Global Sports also owns a franchise team in Hong Kong T20 League. The venture capital firm is owned by Ali Naqvi.  Ali Naqvi is a renowned businessman having business interests in different countries.

Related links

1. Salman Iqbal

2.    Islamabad United 

3. Ali Naqvi

How much do Pakistani cricketers earn?

According to Najam Sethi, former chairman Pakistan Cricket Board, the board has earned 800 million rupees profit for year ended 30 june, 2014.

But salaries and bonuses of cricketers is nowhere near to what board has earned.

Salaries and match fees according to categories is shown in following table.

Category	Salary per month (PK RUPEE)	Test match fees ( PK RUPEE)	ODI fees (PK RUPEE)	Twenty twenty fees (PK RUPEE)
A	449,218	400,000	300,000	125,000
B	314,452
C	179,687
D	89,843

Category A include Misbah Ul Haq, Muhammad Hafeez, Saeed Ajmal, Shahid Afridi, and Junaid Khan..

Category B includes Younus Khan, Ahmed Shehzad, Umar Akmal, and Umar Gul.

Category C includes Asad Shafiq, Azhar Ali, Adnan Akmal, Khurram Manzoor, Nasir Jamshaid, and Abdul Rehman.

Category D included Sohail Maqsood, Sarfaraz Ahmed, Bilawal Bhatti, Sharjeel Khan, Zulfiqar Babar, Fawad Alam, Ehsan Adil, Mohammad Irfan, Wahab Riaz, Raza Hassan, Umar Amin, Harris Sohail, Rahat Ali, Shaan Masood, Mohammad Talha, and Anwar Ali.

Earlier Shoaib Akhtar said “I was an elite star, still after playing for 14 years; I only made seven to eight crore rupees.” 

"I made seven to eight crore rupees" Shoaib Akhtar

Seven crore rupees translate to 750000 US dollars approximately. This is a small amount when compared with what cricketer from other countries earn. According to the report, which compared the earnings of cricketers from different countries, Pakistani cricketers earn amount roughly equal to UK average wage. According to this report published during 2010 central contract earnings of Pakistani players at that time was 22500£ per annum, per player. The trend around the globe has been changed players are now paid a percentage of board’s annual earning.

Pakistan cricket board should not only take care of international cricketer but also should pay attention to domestic cricketer players. Although Pakistan premiere league can prove to be a ray of hope for these players as well as many aspirant cricketers.


related links

comparison of cricketers' earning.

Shoaib Akhtar on earnings.

Pakistani movies entrepreneur

Shoaib Mansoor, very creative Pakistani film director, writer, and producer. He had produced many dramas for Pakistan television in the beginning of his career. He had written, directed, produced drama serial ankahi, fifty fifty, alpha bravo Charlie, sunehredin and gulls &guys. Alpha bravo Charlie and sunehre din were about military life in Pakistan army and were produced in collaboration with ISPR. He was the man behind vital signs. He was the mentor of junaid jamshaid, lead singer of vital signs.

In 2007 movie khuda kay liya was released. It was written directed produced by Shoaib Mansoor. The cost of movie was 1 million USD i.e. 60 million rupees at that time. Traditionally films in Pakistan costs rupees 3 to 5 crore i.e. half a million dollar.

This movie proved instant success and did business of 2.5 million us dollars.

In 2011 another film bol was released under the banner of geo films. This movie broke all the records of highest earning films in Pakistan. Within is 6 days of its release, it earned rupees 62.792 million rupees. Sahara one network acquired seven years satellite rights of this film for rupees 70 crore i.e. nearly 10 million USD.

Shoaib Mansoor is presently working on another project. He has earned money by providing good entertainment. His films and dramas are not only entertaining but also educative. Shoaib Mansoor or Shoman as he calls himself is a real genius of Pakistani business.

Rahat Fateh Ali Khan, pakistani creative entrepreneur

Rahat is world renowned Pakistani singer. He is a close relative of late Pakistani classical singer Nusrat Fateh Ali Khan. He faced difficulties in the beginning of his career but overcame them by persistence. He kept on working hard. He had a break through in his career when he was invited to give music for an Indian movie. Seeing surge in his popularity he got many offers to perform. He increased his fee for performing in a function to 1.2 million rupees. Besides singing he is also a partner of Yousuf Salahuddin in a business.

Businesses of some pakistani celebrities.

Waseem akram

Waseem akram, the sultan of king, owns reebok franchise. He is found of luxury cars.

Inzmam ul haq

He is busy in looking after his construction business. He is also going to establish halal food business, in dubai, by the name ‘meat one’.

Junaid jamshaid

Junaid jamshaid owns fashion designer wear outlet for men and women.

Imran khan

He earns by writing in international newspapers, appear as commentator on different channels.

Reema khan

Partner in Lahore zoo.

Javaid mian dad

He has invested in cable television network along with a partner

Zohaib hassan

He owns a construction business

Shahid afridi

He belongs to a business family, owning several businesses including automobile, transport, sacrifical animals etc.

Saba faisal

She is a dress designer

Sidra iqbal

She is the founding managing director of statuspro, a public relation firm.