Overview
- Chairman Mohsin Naqvi announced a one-week extension for bids, with submissions and the auction now set for December 22, 2025.
- The league is expanding from six to eight teams, with two new franchises to be awarded through the auction process.
- Media reports indicate a reserve price of PKR 1.3 billion per year for each new team, though the board has not confirmed final pricing.
- Coverage also reports that valuations for existing franchises have been substantially increased and that PSL 11 transactions will be conducted in Pakistani rupees.
- The PCB is actively pitching to investors through international roadshows, while six Pakistani cities—Rawalpindi, Faisalabad, Sialkot, Hyderabad, Muzaffarabad and Gilgit—are shortlisted for the new teams.