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PCB Sets PKR 1.3 Billion Fee for Two New PSL Franchises, Targets Jan. 8 Auction

A minimum PKR 850 million central‑pool payout is pledged to each team to bolster investor confidence.

Overview

  • About 12 parties, including five overseas groups, have filed initial bid documents with final eligibility pending PCB due diligence.
  • The former Multan Sultans owners have entered the process, while reports indicate the team’s ownership for the 11th edition remains unresolved.
  • All eight teams are set to receive equal shares from the central revenue pool despite varied annual fees for incumbent franchises.
  • Franchises have been told they may spend up to USD 1.4 million each in the upcoming player draft.
  • Published estimates place Multan Sultans at PKR 1.8 billion, with Lahore Qalandars at PKR 670 million and Karachi Kings at PKR 650 million alongside lower valuations for the other three teams.