The Pakistan Cricket Board has formally announced the sale process for the Multan Sultans franchise. On Wednesday, the PCB issued an official advertisement inviting interested parties to submit bids. The move marks a key step in the future of the Pakistan Super League team.
According to the PCB, bids are open for the franchise rights of Multan Sultans. Individuals and companies meeting the criteria can take part. The board said the process will follow a structured and transparent system.
The PCB has asked interested bidders to submit their technical proposals first. These documents must be submitted by January 30. Only those who meet the technical requirements will move forward.
After the technical review, qualified bidders will advance to the next phase. This stage will involve financial proposals. The final decision will be made after evaluating both stages.
Officials said the goal is to ensure stability for the franchise. They also want to attract investors with long-term plans. The board did not disclose the expected reserve price.
The Multan Sultans have been part of the PSL since 2018. The team quickly built a strong fan base. It represents the city of Multan and surrounding regions.
Over the years, the franchise has shown consistent performances. It won its first PSL title in 2021. Since then, it has remained a competitive side in the league.
The PCB said the bidding process follows league rules. Interested parties must meet financial and operational standards. These standards are designed to protect the league’s value.
The board emphasized transparency throughout the process. All applications will be reviewed carefully. Officials said fairness will be ensured at every step.
Sources said the sale is part of routine franchise management. The PCB regularly reviews ownership structures. This helps maintain professional standards in the PSL.
The advertisement has already drawn attention. Several local and international groups are expected to show interest. The franchise’s strong brand makes it attractive to investors.
Fans are closely watching the development. Many hope the new ownership will strengthen the team further. The PCB assured supporters that the team’s identity will be preserved.
In other news read more about PCB Putting Multan Sultans Up for Sale in Big PSL Move
The future of Multan Sultans will become clearer after January 30. Until then, the board will continue the evaluation process. Further updates are expected once bids are reviewed.
