Detecting location…
Breaking News

PCB Putting Multan Sultans Up for Sale in Big PSL Move

PCB Putting Multan Sultans Up for Sale in Big PSL Move

Pakistan Cricket Board has decided to auction the Multan Sultans franchise ahead of the next season. The move comes after strong investor interest was seen in recent franchise sales. Officials believe the timing is right for a fresh bidding process.

Earlier, the PCB had planned to run Multan Sultans on its own during the upcoming season. That plan was linked to administrative continuity for the team. However, the strategy has now changed after encouraging market signals. The board has chosen open bidding instead.

Sources say the decision followed the successful auction of two new teams. Those franchises were sold at prices higher than initial estimates. The outcome surprised many officials and boosted confidence within the board. It also showed rising commercial value of the league.

The PCB now feels the market is favorable for selling Multan Sultans. Both local and international investors have shown interest. The franchise will be offered through a transparent auction process. An official advertisement is expected very soon.

Board officials are currently reviewing all legal and financial aspects. A formal announcement will follow once approvals are complete. The sale process will follow established bidding rules. The PCB wants to ensure clarity and fairness.

Officials expect strong competition during the auction. They believe Multan Sultans can secure a high valuation. Recent franchise sales have set new benchmarks. International investors are also closely watching the process.

The sale is seen as part of the league’s long-term growth plan. Expansion has already been approved for the next season. Two new teams were recently added to the competition. This has increased overall commercial interest.

With the additions, the upcoming season will feature eight teams. Hyderabad and Sialkot will make their debut appearances. This expansion is expected to increase match volume and revenue. It also widens the league’s regional reach.

The players’ draft for the next season is scheduled for January 30. Preparations are already underway at the board level. Team managements are planning squad strategies. Player availability is also being reviewed.

The PCB believes these developments strengthen the league’s future. The rising value of franchises reflects growing global attention. The board sees this as a positive sign for sustainability. The sale of Multan Sultans may set another record.

In other news read more about: PSL 2026 Draft Preparations Underway, Likely on January 30

The upcoming season of PSL is shaping up to be a landmark event. Investor confidence appears stronger than before. Expansion and franchise auctions highlight commercial growth. The board remains focused on long-term stability of PSL .

Facebook
Twitter
LinkedIn
Pinterest
WhatsApp

Ubaid Arif

Trending

Latest