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PSL Sets Auction for Two New Teams as Multan Sultans Table Four-Point Reform Plan

Officials emphasize continuity through revaluation rights, reinforced by a renewed HBL title deal.

Overview

  • PSL CEO Salman Naseer confirmed an auction in November for two new franchises, with bidders choosing from a pool of city names as the league targets an eight-team field.
  • Existing six franchises will be revalued and granted a right to match to retain ownership, with a first right of renewal for the next 10 editions under updated valuations.
  • HBL extended title sponsorship for PSL 11 and 12 after matching fair market value, with the league citing a 505% increase in title rights value since inception.
  • Multan Sultans submitted a letter proposing franchise representation on PSL committees, structured hiring for key roles, a professional management framework, and regular, recorded reporting to teams.
  • The franchise reaffirmed commitment to the league and said Ali Khan Tareen’s critique targeted management practices; Naseer said the dispute should be resolved privately, as separate reports note unresolved PCB warnings about potential sanctions.