Pakistan Tremendous League (PSL) Chief Govt Officer (CEO) Salman Naseer addresses a press convention on the Nationwide Financial institution Stadium in Karachi on October 29, 2025. – PCB
Pakistan Tremendous League (PSL) Chief Govt Officer (CEO) Salman Naseer on Wednesday introduced that an public sale will happen for 2 new franchises within the eleventh version of the event.
Throughout a press convention on the Nationwide Financial institution Stadium, Naseer said: “An auction will be held for two new PSL franchises. Interested bidders will be offered a selection of city names to choose from for their team.”
He mentioned that the present house owners can have the best to match the valuation of recent groups to retain the possession of their respective groups.
“With the revaluation of the existing six PSL franchises nearing completion, current team owners will have the right to match the new valuations to retain ownership or opt out,” Naseer added.
He mentioned that beneath their current agreements, the crew house owners can have the primary proper of renewal for the subsequent 10 editions primarily based on that valuation.
“After that, if any franchise chooses not to renew, those team rights will be offered through an open process, allowing new investors to participate under the updated structure.”
Responding to a query on Multan Sultans owner Ali Tareen, who recently criticised the Pakistan Cricket Board (PCB) and tore up the legal notice he received from the board, Naseer said that PSL-related issues should be resolved “behind closed doors,”.
“You want me to do the same thing they’re doing, to tarnish the reputation of this league. I can’t do that. If this matter is to be discussed, it will be done in the boardroom, legally, and if it’s to be resolved, it will happen behind closed doors. Saying anything more would only add fuel to the fire,” Naseer said while responding to a question.
In an uploaded viral video, Tareen had openly lashed out at the PCB “over a mediocre mindset”. A couple of days after the video was posted on X, the Multan Sultans proprietor proposed key reforms geared toward enhancing the league’s governance, transparency, and long-term sustainability.
In an in depth assertion, the franchise acknowledged latest tensions with the cricket board however supplied rebuilding belief and placing knowledgeable system in place to raise the event.
