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PCB pushes back bid deadline for new PSL teams

LAHORE: The Pakistan Cricket Board (PCB) on Friday announced the extension of the Pakistan Super League (PSL) teams bidding deadline amid growing interest from around the globe.

Mohsin Naqvi, Chairman PCB, wrote about the extension on his ‘X’ handle in which he also mentioned the upcoming second roadshow aimed at attracting investors worldwide.

“Witnessing growing interest from the Europe, USA, the Middle East and beyond in acquiring new HBL PSL teams, we have decided to extend the bid submission deadline by one week to 22 December 2025,” Mohsin Naqvi wrote.

“Good luck to everyone, excited to welcome our new franchise owners to the HBL PSL family.”

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This comes after the PSL’s first roadshow, held at the iconic Lord’s Cricket Ground. The event was attended by Pakistan star players Babar Azam, Haris Rauf, and former cricketers.

After the first roadshow, the PCB is set to host another global roadshow in New York tomorrow, which will engage international investors ahead of the auction of the two new outfits.

“The New York Roadshow is part of the PCB’s global outreach strategy aimed at engaging with international investors ahead of the auction of two HBL PSL franchises, scheduled to take place on Tuesday, 6 January 2026,” the board had said in a press release.

“The initiative is designed to highlight the league’s commercial strength, global following, and long-term growth potential,” the statement added.

It is pertinent to mention that PSL, which began in 2016 with five outfits, is set to expand with the addition of two new teams.

Notably, the league expanded to five teams in 2018 with the addition of Multan Sultans.

With the addition of two new teams, the league will undergo its first major restructuring in seven years, taking the total to eight teams.

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