PCB unveils fourth qualified bidder for PSL 11 auction

LAHORE: The Pakistan Cricket Board (PCB) on Tuesday announced the fourth qualified bidder for the auction of two new Pakistan Super League (PSL) teams ahead of season 11.

The development was shared through the PSL’s official social media platforms, where Jazz was confirmed as the fourth bidder to clear the qualification process.

The auction becomes more exciting 🔥@jazzpk confirmed as Bidder #4⃣ out of 🔟 for the HBL PSL Teams Auction.
🗓️ 8 January 2026#HBLPSL | #NewEra pic.twitter.com/WJFSsVbRgN

— PakistanSuperLeague (@thePSLt20) January 6, 2026

The telecom giant, Jazz, joins Inverex Solar Energy, OZ Group of Companies and VGO TEL Mobile, who were previously revealed as the first three qualified bidders for the PSL auction.

The much-anticipated auction for the two new teams is scheduled to take place on Thursday at the Jinnah Convention Centre in Islamabad.

The upcoming edition of the PSL is set to be held from March 26 to May 3.

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As part of the league’s expansion from six to eight teams, the PCB has been conducting technical and financial evaluations of proposals submitted by interested groups.

The process aims to ensure long-term stability and commercial strength as the league enters a new phase.

Successful bidders will also be granted the right to select a home city from a PCB-approved list, which includes Faisalabad, Rawalpindi, Hyderabad, Sialkot, Muzaffarabad and Gilgit.

Adding further significance to the event, legendary former Pakistan captain and brand ambassador for PSL 11, Wasim Akram, will oversee the auction proceedings.

READ: PCB reveals first three qualified bidders for PSL 11 auction