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Sports

PCB extends bid deadline for two new PSL teams

PCB extends bid deadline for two new PSL teams
Lahore Qalandars players celebrate as Sikandar Raza plays the winning run in the Pakistan Super League (PSL) 10 Grand Final against Quetta Gladiators at the Gaddafi Stadium in Lahore on May 25, 2025. – AFP
Lahore Qalandars players celebrate as Sikandar Raza plays the winning run in the Pakistan Super League (PSL) 10 Grand Final against Quetta Gladiators at the Gaddafi Stadium in Lahore on May 25, 2025. – AFP

The Pakistan Cricket Board (PCB) has extended the bid deadline for the two new Pakistan Super League (PSL) teams by a week, citing increased interest from Europe, the US and the Middle East.

The announcement was made by PCB Chairman Mohsin Naqvi on X’s official account, saying that the deadline, originally set for December 15, has been extended to December 22.

“Noticing the growing interest from Europe, the US, the Middle East and beyond to acquire new HBL PSL teams, we have decided to extend the bidding deadline by one week to December 22, 2025,” Naqvi wrote.

“Good luck to everyone, excited to welcome our new franchise owners to the HBL PSL family.”

It is worth mentioning that the PSL, which started in 2016 with five franchises and later expanded to six sides in 2018, is set to expand further with the addition of two new teams from its upcoming 11th edition, which will be played next year.

With the upcoming additions, the PSL will undergo its first major restructuring in seven years, bringing the total number of franchises to eight.

Separately, the PCB is set to hold a PSL roadshow in New York on Saturday (today) as it continues to engage with international investors ahead of the January 6 auction of its two new franchises.

Chairman Naqvi, Pakistan T20 captain Salman Ali Agha, Shan Masood, Abrar Ahmed, Faheem Ashraf, Saim Ayub and Saud Shakeel will also participate in the New York roadshow.

Cricket held a successful roadshow last week at the iconic Lord’s Cricket Ground in London, where the marquee league received “unprecedented attention” as a large number of investors attended the event and expressed interest in acquiring the two new PSL franchises for sale.



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