PCB Chairman Mohsin Naqvi (centre) speaks throughout a press convention after the PSL Public sale on the Jinnah Conference Centre in Islamabad on January 8, 2026. — PSL
Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi on Thursday stated the Pakistan Tremendous League’s (PSL) “loss-hit” franchise Multan Sultans would flip a worthwhile staff forward of subsequent 12 months’s public sale.
Addressing a star-studded ceremony for the public sale of the seventh and eighth PSL franchises, the PCB chairman stated: “I took a problem, and that’s that there have been quite a lot of claims on social media that the staff was in losses.”
“So I, and the entire staff, determined that we are going to present you ways a lot revenue this enterprise presents, publish the numbers earlier than going for the public sale,” Naqvi added.
The PCB chairman Naqvi, alongside new team owners Fawad Sarwar and Hamza Majeed, and PSL CEO Salman Naseer, reiterated that the cricket board will run the affairs of Sultan in the upcoming PSL 11 before auctioning it.
He acknowledged receiving suggestions about auctioning the franchise alongside the two new teams sold earlier today, but revealed he took a challenge for himself and his team to prove the business as profitable.
“The stress has began to be constructed up on me to promote out the staff,” he said humorously, while referring to Naseer.
“However my want is to function Multan Sultans for one 12 months, and I am very a lot hopeful that we would go away it in revenue so the world will get to know that it is a plus-plus enterprise.”
It’s pertinent to say right here that PSL expanded to eight groups as Hyderabad and Sialkot had been formally confirmed because the league’s seventh and eighth franchises, respectively, following the completion of the enlargement public sale.
The OZ Builders, owned by Hamza Majeed, secured the possession of the eighth PSL staff with a bid of Rs1.85 billion and named it after Sialkot within the second spherical of the extremely anticipated public sale.
The bottom worth for the eighth PSL staff was set at Rs1.70 billion after the FKS Group acquired the possession of the primary franchise up on the market for Rs1.75 billion.
