Overview
- Investors from the United States, Australia, Canada, the United Arab Emirates and Pakistan submitted formal bids, according to the PCB.
- The board will announce initial qualification results on December 27, with technically eligible bidders proceeding to an open auction on January 8 at the Islamabad Convention Centre.
- The PCB described the tender response as exceptional and encouraging as it advances a transparent, open-competition sale process.
- The additions mark the PSL’s first major restructuring in seven years, increasing the field from six to eight teams.
- Reports indicate the bid deadline was extended twice and that the next season is penciled in for March 26 to May 3, which would overlap with the IPL.