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Articles for tag: auction, chief, Naqvi, PCB, player, PSL, suggests

January 17, 2026

News Desk

PCB chief Naqvi ‘suggests player auction’ for PSL 11

The Pakistan Super League (PSL) Board meeting, chaired by Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi, along with representatives of all eight PSL franchises, was held at the National Cricket Academy (NCA) in Lahore on January 16, 2026. — PCB LAHORE: Pakistan Cricket Board (PCB) chairman Mohsin Naqvi floated the idea of ​​auctioning players during PSL 11 and urged the franchise owners to increase the players’ remuneration, sources said on Saturday. The PCB chairman suggested the auction model while presiding over a PSL Board meeting convened at the National Cricket Academy in Lahore on Friday. During the meeting, he suggested

January 16, 2026

News Desk

PSL 11 will start from March 26, says PCB

Players and support staff of Lahore Qalandars celebrate winning the PSL 10 title after beating Quetta Gladiators at the Gaddafi Stadium in Lahore on May 25, 2025. — PCB LAHORE: The Pakistan Cricket Board (PCB) on Friday announced that the 11th season of the Pakistan Super League (PSL) will begin on Thursday, March 26, with eight teams after the inclusion of two new franchises. The date was decided during the PSL Board meeting convened at the National Cricket Academy in Lahore on Friday evening to finalize preparations for the upcoming season, according to a press release issued by the cricket

January 14, 2026

News Desk

PCB invites bids for Multan Sultans franchise ahead of PSL 11

Multan Sultans players celebrate a wicket during their PSL 10 match against Lahore Qalandars at Multan Cricket Stadium in Multan on April 22, 2025. — PCB LAHORE: The Pakistan Cricket Board (PCB) has officially issued an advertisement inviting bids for the sale of franchise team rights of Multan Sultans. In a newspaper advertisement on Wednesday, the PCB invited “interested parties” to acquire the Multan team’s franchise rights in the Pakistan Super League (PSL), describing it as an opportunity for investors to participate in what it called a “new era” of the league. According to the PCB’s bid invitation, Multan Sultans,

January 11, 2026

News Desk

PSL CEO Naseer hints at ‘auction, direct signings’ for PSL 11

Pakistan Super League (PSL) Chief Executive Officer (CEO) Salman Naseer addresses a press conference at the National Bank Stadium in Karachi on October 29, 2025. – PCB Pakistan Super League (PSL) Chief Executive Officer (PSL) Salman Naseer has revealed that key changes are being considered for the upcoming 11th edition of the league, such as player auction, direct player signings and a possible increase in player purse. Speaking during a recent interview with Geo News program “Naya Pakistan”, Naseer explained that the initial discussions involved the five existing franchises, while further consultations are planned now that the two added teams

January 9, 2026

News Desk

Ali Tareen skips historic auction for two new PSL franchises

An undated photo of former Multan Sultans owner Ali Tareen. — Facebook/AliKhanTareenOfficial ISLAMABAD: Ali Tareen has decided not to take part in the upcoming Pakistan Super League franchise auction, pulling out as the tournament moves towards a major expansion with eight teams and 10 eligible bidders participating in the process. Tareen shared his decision for X, reflecting on his journey with the Multan Sultans and his deep connection with South Punjab. “After careful consideration, my family and I have decided not to participate in today’s PSL franchise auction,” Tareen wrote. He emphasized that his involvement with Multan Sultans was more

January 9, 2026

News Desk

Naqvi reveals new HBL PSL franchise holders based in USA, Australia

Home minister calls for continuation of bids of recent investment initiatives, saying it will generate Rs 36 billion for PCB Pakistan Cricket Chairman Mohsin Naqvi. SCREENGRAB Interior Minister and Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi on Thursday revealed the owners of the two new HBL Pakistan Super League (PSL) franchises that were auctioned, announcing that the successful bidders are based in the United States and Australia. Addressing a press conference after the bidding ceremony, along with the US Commissioner and the new franchise owners, Naqvi said five companies from the United States participated in the auction, calling it a

January 8, 2026

News Desk

Hyderabad confirmed as seventh PSL team in landmark auction

PCB chairman Mohsin Naqvi (left) and FKS owner Fawad Sarwar at the auction for the two new PSL teams at the Jinnah Convention Center in Islamabad on January 8, 2026. — PSL ISLAMABAD: FKS Group on Thursday bagged one of the two new Pakistan Super League (PSL) franchises after successfully bidding Rs1.75 billion in the league’s expansion auction. All 10 eligible bidders competed fiercely, submitting huge bids for the new team. The Fawad Sarwar-owned company emerged as the winner by bidding Rs 1.75 billion, successfully leading the auction and taking the helm of the new franchise. This marks the second

January 6, 2026

News Desk

Mustafizur Rahman joins PSL after Shah Rukh Khan-owned IPL franchise falls out of favor

Bangladesh ace Mustafizur Rahman in action against Sri Lanka during the T20 World Cup 2024, June 7, 2024. — AFP KARACHI: Bangladesh pacer Mustafizur Rahman has signed up for the upcoming Pakistan Super League (PSL) after being released by Indian Premier League (IPL) side Kolkata Knight Riders, a franchise owned by Bollywood star Shah Rukh Khan, following instructions issued by the Board of Control for Cricket in India (BCCI). The announcement was made by the marquee league through its official social media handles, sharing a banner with the left-arm pacer, who has so far represented Bangladesh in 15 Tests, 116

January 6, 2026

News Desk

The third bidder qualifies as the PCB moves forward with the PSL extension process

Quetta Gladiators players celebrate a dismissal during their PSL 10 match against Multan Sultans at the Gaddafi Stadium in Lahore on April 29, 2025. — PCB The Pakistan Cricket Board (PCB) has revealed the third eligible bidder for the upcoming auction of two new Pakistan Super League (PSL) teams, ahead of the 11th edition of the league. Cricket made the announcement through its official social media handles on Monday, sharing a post that read: “Excitement is building. VGO TEL Mobile confirmed as Bidder [No.3] for HBL PSL Teams Auction.” The auction is scheduled for Thursday at the Jinnah Convention Center

December 30, 2025

News Desk

Guaranteed Rs 850 million to new PSL teams

The race to land a Pakistan Super League (PSL) franchise has intensified. Photo: PCB/File KARACHI: The guarantee offer of Rs 850 million for the income of the central team in the Pakistan Super League (PSL) was made only to the two new teams. Existing franchises have no such clause in their agreements. According to details, the Pakistan Cricket Board (PCB) has assured the seventh and eighth teams that starting from PSL 11, they will get a minimum guaranteed amount of Rs 850 million each for the next five editions. This has been labeled a “minimum central pool income guarantee”. If,

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