Particle.news
Download on the App Store

PCB to Run Multan Sultans for PSL 11, Sets Jan. 8 Auction for Two New Teams

A January 8 auction for two new teams follows bidder vetting to advance the league’s expansion.

Overview

  • The PCB will operate Multan Sultans during PSL 11 and plans to auction the franchise after the season concludes.
  • Ten parties have met technical criteria to bid, with the public auction set for January 8 at Islamabad’s Jinnah Convention Centre.
  • The board received 12 initial proposals, including bidders from Pakistan, the USA, Australia, Canada and the UAE.
  • Media reports put the annual reserve price at roughly PKR 1.3 billion per new team, with 10-year rights running from 2026 to 2035.
  • The PCB guaranteed each franchise at least PKR 850 million from the central revenue pool for the next five editions and named Wasim Akram the PSL brand ambassador ahead of the sale.