The Pakistan Super League is preparing for a major expansion in its 11th edition, with plans to add two new teams to the tournament. This move is being seen as an important step in the growth of the league, which has steadily gained popularity among fans and investors over the years.
According to sources, the base price for each new franchise has been set at around PKR 100 crore. The pricing reflects the strong commercial value of the PSL and the growing confidence of stakeholders in Pakistan’s domestic cricket structure. League officials believe the expansion will further increase competition and fan interest.
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Reports say that ten potential bidders have been shortlisted for the auction process. These interested parties will compete to secure ownership of the two new teams, making the bidding process highly competitive. The official auction ceremony is scheduled to take place on January 8 in Islamabad, where the new franchise owners will be finalized.
The auction event is expected to draw wide attention from the cricket and business communities. To add to the significance of the occasion, a special performance by renowned singer Rahat Fateh Ali Khan has also been planned. Organizers believe this will make the event more engaging and memorable.
Cricket analysts see the expansion as a positive development for Pakistan cricket. The addition of two more teams is expected to create more opportunities for local players, improve talent exposure, and increase fan engagement across different regions. With this move, the PSL aims to strengthen its position as one of the leading T20 leagues on the global cricket stage.
