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PSL Unveils Expansion Drive at Lord’s With New Stadiums, OTT Launch and Media-Rights Tender

Mohsin Naqvi set a goal to make the league the world’s top competition.

Wasim Akram speaks at the PSL event
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Wasim Akram
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Overview

  • Bids remain open for two new teams that would take PSL 11 to eight franchises, PSL CEO Salman Naseer said at the London showcase.
  • The PCB announced plans to build international‑standard cricket stadiums in Islamabad and Muzaffarabad to support the league’s growth.
  • The board launched the OTT platform PCB Live and issued a fresh tender for international media rights to broaden global reach.
  • PSL 11 prize money was set at $500,000 for the champions, $300,000 for the runners‑up, and $200,000 for the franchise judged best in cricket development.
  • Organisers outlined a planned conversion of the PSL into a limited company with a future IPO, plus weekly fan concerts at venues and a follow‑up investor roadshow in New York.