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Salman Naseer, the Chief Executive Officer (CEO) of the Pakistan Super League (PSL), confirmed on Wednesday that an auction will take place for two new franchises to be included in the tournament’s 11th edition in 2026.
Naseer, during a press conference at the National Bank Stadium, revealed that the Pakistan Cricket Board (PCB) will soon conduct an auction process for the new franchises.
“An auction will be held for two new PSL franchises,” he said. “Bidding parties will be provided a list of city names, from which they can select one team.”
The CEO announced that all existing sponsorship and franchise agreements from the league’s inaugural cycle have now concluded, following the completion of PSL’s 10th season, which marks a pivotal transition phase for the competition.
“All major contracts, including those with sponsors and franchises, have ended after ten years. HBL will continue as title sponsor for Seasons 11 and 12,” Naseer added.
Reflecting on PSL’s journey, Salman Naseer recalled the challenges faced when the project began in 2015, at a time when international cricket had yet to return to Pakistan.
“In the beginning, there was limited interest and few sponsors. But once the league started in the UAE, it quickly gained popularity. Even in difficult times, including the COVID-19 pandemic, the PSL never stopped,” he said.
He credited all franchises for playing a vital role in strengthening the PSL brand, noting that the league has survived “testing circumstances, including times of political and regional instability.”
Looking ahead, Naseer confirmed that Faisalabad and Peshawar are being considered as future PSL venues, with ongoing efforts to revive cricket in both cities.
“I think from our side, as management and even the other stakeholders, including franchises, everyone wants to expand our footprint beyond these four cities,” said Naseer.
“Peshawar Stadium’s lease matters are being worked out, and both venues are part of our long-term planning.
“Once two new teams come in, final decisions regarding venues and match allocations will be made in consultation with the PCB chairman.”
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