PSB ratifies landmark investment policy for Sports Endowment Fund
Islamabad: In a milestone move toward the financial empowerment of Pakistan’s sporting community, the Pakistan Sports Board (PSB) has officially approved a comprehensive Investment Policy for the Pakistan Sports Endowment Fund.
The landmark decision was reached during the 36th Board Meeting of the PSB, following a detailed presentation by Director General Yasir Pirzada. The policy, which received unanimous endorsement, establishes a sustainable framework designed to provide a permanent safety net for the nation’s athletes.
The Board noted with satisfaction that the fund’s initial reinvestment base of Rs. 60 million has already grown to Rs. 68.757 million due to rigorous financial management.
Under the new guidelines, the principal amount is strictly protected—the Board has mandated that the core capital must remain untouched, ensuring the fund’s longevity.
The profits accrued from these strategic investments will be dedicated to:
Providing financial assistance to veteran sportspersons.
Securing the welfare of dependents and families of former athletes.
To scale the impact of this welfare initiative, the Board revealed that a formal request has been submitted to the Federal Government for a seed money grant of Rs. 5 billion. This massive injection of capital aims to transform the fund into a robust national institution capable of reaching every corner of the country.
This initiative follows the Pakistan Sports Endowment Fund Scheme 2025, which was approved by the Federal Cabinet to replace the outdated 2007 framework.
The overhaul was prompted by Prime Minister Shehbaz Sharif’s vision to move beyond temporary grants and toward a structured, institutionalized support system for the heroes of Pakistan sports.
