Overview
- The board says 12 submissions arrived before the deadline from investors based in the United States, Australia, Canada, the United Arab Emirates and Pakistan.
- A technical evaluation will determine which parties qualify to proceed, with outcomes due on December 27.
- Qualified bidders will compete in a public auction at the Islamabad Convention Centre on January 8.
- Adding two franchises would expand the league to eight teams for its 11th edition, the first major restructuring in seven years.
- Coverage notes a USD 4 million base price and currency considerations; Pakistan’s Inverex Power Solution confirmed it has bid, and some reports name a U.S.-led consortium among the entrants.