US EditionPCB Clears 10 Bidders for Auction of Two New HBL PSL Franchises
Ten bidders from five countries qualified for the January 8 auction to acquire rights for two new PSL franchises, expanding the league to eight teams.
- The Pakistan Cricket Board qualified 10 bidders to enter an auction at the Jinnah Convention Centre, Islamabad, on January 8, 2026, after completing a technical evaluation, the PCB bid committee said.
- The Pakistan Cricket Board scrutinised 12 proposals over three days as the PSL plans to expand from six to eight franchises for its upcoming 11th edition, prompting the bid process.
- Investors from the USA, Australia, Canada, the UAE and Pakistan showed interest, and PSL management called the expansion 'another significant milestone' while preparing for the auction.
- Successful bidders will be able to pick team names from Rawalpindi, Hyderabad, Faisalabad, Gilgit, Muzaffarabad and Sialkot, and the auction will determine the franchise rights for the two new PSL teams.
- By expanding, the league opens new ownership opportunities for local and international investors as the PSL undergoes its first major restructuring in seven years ahead of next year.
16 Articles
16 Articles
PCB clears 10 bidders for auction of two new HBL PSL franchises
The Pakistan Cricket Board has shortlisted 10 bidders for the sale of two new HBL Pakistan Super League (PSL) franchise teams, who will now participate in the auction, scheduled for January 8. According to a PCB statement, posted on X, the PCB Bid Committee has successfully completed the technical evaluation of proposals, submitted by interested parties, for the sale of the two new HBL PSL franchises. A total of 12 proposals were received from b…
PCB shortlists 10 bidders for two new PSL franchises
LAHORE: The Pakistan Cricket Board on Saturday announced that it has approved 10 bidders after completing the technical evaluation of the proposals for the sale of two new franchises of the Pakistan Super League. The auction for the two teams is slated for Jan 8 in Islamabad and comes after the PCB, which had received 12 proposals, had earlier said that investors from the United States, Australia, Canada, the United Arab Emirates and Pakistan ex…
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