PCB Chairman Mohsin Naqvi in a press convention – AFP
Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi on Saturday stated the Pakistan Tremendous League (PSL) is ready to change into “bigger” with the addition of two new groups within the upcoming version, because the board launched the method to promote the groups.
Asserting the growth on his X deal with, Naqvi wrote: “Time for two new dreams,” referring to the league’s deliberate growth.
“PSL is about to get bigger and better. The process for the sale of two new teams has been launched,” he added.
He additionally shared an invite banner, designed by the cricket board, comprising pointers for bidders excited by buying the 2 new franchises, with the deadline for the submission of technical proposals set on December 15.
“PCB invites bids from interested parties who wish to acquire the Team Franchise Rights for two new teams of the PSL,” the invitation letter learn.
“Bid documents containing all relevant details, may be obtained from the undersigned. Deadline for submission of Technical Proposals is 15th December 2025 at 11:00 AM. The proposals shall be opened at 11:30 AM on the same day. Only technically qualified bidders will be allowed to participate further in the process.”
For the unversed, the event got here the next day, PCB finalised the impartial valuation course of for the PSL franchises and different industrial property.
Franchises have been requested to reply throughout the specified deadline.
To make sure transparency and supply full readability on the valuation course of, the board organized each joint and particular person conferences between franchise officers and the impartial valuer, EY MENA.
These classes will permit franchises to evaluation the valuation methodology and lift queries immediately with the evaluators.
In the meantime, the PCB additionally obtained valuation experiences for 2 new PSL groups. bidders will be capable to choose from the next shortlisted metropolis names:
HyderabadSialkotMuzaffarabadFaisalabadGilgitRawalpindi
Reaffirming its dedication to a good and clear course of, the PCB stated it goals to additional strengthen its long-standing partnership with PSL stakeholders.
