The Pakistan Super League’s expansion plans appear to be gaining serious traction. According to reports, the Pakistan Cricket Board (PCB) has received around 12 bids for the rights to add two new teams ahead of PSL 2026, with interest pouring in from five different continents.
High Base Price Raises Concerns
The PCB has set a base price of US $4 million for each new franchise, a figure that has caused hesitation among some potential investors. Despite this, the response has been far more encouraging than initially expected. The board credits successful roadshows in London and New York for generating strong investor confidence and widening the league’s global reach.
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Earlier Reports Proven Wrong
Earlier speculation suggested that the PCB had failed to attract any bidders due to the steep base price. However, sources speaking to Telecom Asia Sport have dismissed those claims.
“The PCB received around 12 bids, which is a tremendous response to the tender issued for the sale of two new Pakistan Super League franchises,” a source revealed.
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Bidders from Five Continents
The bids reportedly come from investors based in the United States, Australia, Canada, the UAE, and Pakistan, highlighting the PSL’s growing popularity beyond traditional cricket markets. This international interest reflects the league’s rising commercial value and global visibility.
Hyderabad Franchise Attracts Attention
One of the notable names in the bidding process is Amir Wayne, a well-known US-based businessman. He has expressed interest in purchasing the Hyderabad franchise by submitting a bid as part of a consortium.
What Happens Next?
The PCB will now scrutinize the bids, with the next stage expected to be announced on December 27. The final auction to confirm the sale of the two new franchises is scheduled for January 8, 2026, in Islamabad.