A new era is set to begin in the Pakistan Super League (PSL) as the auction of two new teams will be held at Convention Center, Islamabad tomorrow, it was reported on Wednesday.
The 11th edition of the PSL will feature two new teams.
The Pakistan Cricket Board (PCB) has put forward the names of Faisalabad, Hyderabad, Sialkot, Muzaffarabad, Gilgit-Baltistan and Rawalpindi.
Out of these six teams, bidders will select two.
The PCB has so far released details of 10 bidders.
The auction will be broadcasted, providing transparency and global visibility to prospective investors and cricket fans worldwide.
Three weeks ago, PCB Chairman Syed Mohsin Naqvi said that the PSL’s 11th edition was scheduled to be held from March 26 to May 3, 2026, while also announcing that the auction for two proposed new franchises would take place on January 8.
The announcements were made during a PCB investor roadshow in New York.
Addressing the event, Mohsin said the PCB had taken administrative control of the Muzaffarabad Cricket Stadium and intended to begin renovation work.
He added that efforts were underway to have the venue ready in time for the PSL, though he acknowledged that completion before the tournament was not guaranteed.
“We are starting Muzaffarabad’s stadium, which we have taken over, and our target is to get it ready before the PSL. If not, then work will be initiated within this year,” he said.
Mohsin also stated that the deadline for submission of bids for the new franchises had been extended to December 22, citing interest from prospective investors.
