Overview
- The PCB issued an invitation to bid for two new franchises, with technical proposals due on December 15 at 11:00 a.m. and openings set for 11:30 a.m., and only technically qualified bidders moving forward.
- Prospective owners may select from six shortlisted cities: Hyderabad, Sialkot, Muzaffarabad, Faisalabad, Gilgit and Rawalpindi.
- Following the EY MENA assessment, renewal offer letters with revised terms were sent to compliant teams for the next decade with deadlines to respond.
- To increase transparency, the PCB arranged joint and one‑on‑one sessions between franchise representatives and EY MENA to review valuation methodology and address questions.
- Reports indicate auditors recommended large fee hikes for existing teams and that Multan Sultans were not offered a new contract due to compliance issues.