Pakistan U16 Volleyball Teams Historic Victory PSB Announces Cash Award

Pakistan U-16 Volleyball Team’s Historic Victory, PSB Announces Cash Award
Pakistan U-16 Volleyball Team to receive Rs8.2 million PSB cash award after winning the Asian Championship
ISLAMABAD, July 20 – Pakistan’s victorious under-16 men’s volleyball team will each receive Rs600,000 in cash awards following their historic win at the Asian U-16 Championship, the Pakistan Sports Board (PSB) announced on Sunday.
Under the PSB’s updated 2024 Cash Award Policy, annual continental gold medallists in team events are granted 30% of the individual award, amounting to Rs600,000 per player. With a 12-member squad, this translates to Rs7.2 million in total for the players.
Additionally, PSB’s policy allocates 50% of the team award to the coaching staff, bringing the coach’s share to Rs1,000,000. Together, the total approved payout for the squad and coaching staff is Rs8.2 million.
Pakistan claimed the continental trophy in Thailand by defeating Iran 3-2 in a dramatic final, remaining unbeaten throughout the tournament.
A PSB spokesperson said the awards would be disbursed within days, aligning with the board’s initiative to “recognise and financially support sporting excellence across age groups.” The payments will go directly to players and coaches named on the official tournament roster after fulfilling the required documentation.