The Pakistan Cricket Board (PCB) has sold the naming rights for Gaddafi Stadium in Lahore to a sponsor for a whopping PKR 1 billion .
This deal is a significant milestone for the PCB, marking a new era in cricket sponsorship in Pakistan.
The stadium, previously known as Lahore Stadium, was renamed in 1972 in honor of Libyan leader Muammar Gaddafi and has a seating capacity of 27,000.
The PCB’s decision to sell the naming rights is part of their efforts to commercialize cricket in Pakistan and attract more international matches.
The stadium has hosted several high-profile matches, including the 1996 Cricket World Cup final and the 2017 Pakistan Super League final.
This deal is expected to bring in significant revenue for the PCB, which will be used to develop cricket infrastructure and promote the sport in Pakistan.
The naming rights deal is a testament to the growing popularity of cricket in Pakistan and the PCB’s efforts to make the sport more sustainable.
The deal is expected to be a game-changer for Pakistan cricket, and fans are eagerly waiting to see the new name of the iconic stadium.
The PCB’s move to sell naming rights is a forward-thinking approach, and it will be interesting to see how this deal benefits Pakistan cricket in the long run.