The Pakistan Cricket Board (PCB) has sold Gaddafi Stadium’s naming rights to Punjab Bank for one billion rupees, with a five-year contract.
Before the Champions Trophy 2025, PCB upgraded the stadiums in Karachi, Lahore, and Rawalpindi. A tender was issued for the rights to rename the Lahore stadium.
A five-year contract has been agreed upon with the Bank of Punjab for one billion rupees. The name of Gaddafi Stadium will now be changed to the said bank. Karachi’s naming rights were sold for 45 crore rupees under a five-year deal; it is now called the National Bank Cricket Arena.
The current PCB administration has signed a contract with Lahore that is more than double the amount compared to Karachi. Chairman PCB Mohsin Naqvi has made more plans to bring money to domestic cricket.
It is a common practice worldwide to name sports stadiums after sponsors. Many cricket venues in Australia and England are also named after sponsors.
