The Pakistan Super League (PSL) has officially confirmed that six bids have been submitted for the Multan Sultans franchise, signaling strong investor interest ahead of PSL 11.
The league shared this update through its official social media platforms, stating that multiple parties have formally entered the bidding race for ownership of the 2021 champions. The development highlights the growing commercial value of PSL franchises as the league continues to expand.
PCB Launched Sale Process in 2025
The franchise sale process was formally initiated by the Pakistan Cricket Board (PCB) on January 14, 2025, when it issued an advertisement inviting interested groups to submit bids for the Multan Sultans ownership rights.
Initially, the deadline for submitting technical proposals was set for January 30, but it was later extended to allow broader participation and documentation review.
Why Multan Sultans Became Available
Multan Sultans entered the bidding pool after former owner Ali Tareen announced in November 2025 that he would step away from the franchise. His decision followed prolonged differences with the PCB, which reportedly stretched over more than a year.
Later, PCB Chairman Mohsin Naqvi clarified that the board would assume temporary control of the franchise once the existing agreement ends on December 31, 2025.
PCB Moves Earlier Than Expected
Initially, the PCB had considered running Multan Sultans for one full season before selling the team in 2027. However, rising franchise valuations and strong market interest encouraged the board to fast-track the sale process.
This shift follows successful recent auctions, which demonstrated the league’s growing financial appeal.
Recent PSL Franchise Sales Boost Confidence
At a franchise auction held at the Jinnah Convention Centre, FKS Group and OZ Developers acquired the newly introduced PSL teams from Hyderabad and Sialkot for Rs. 1.75 billion and Rs. 1.85 billion, respectively.
These sales expanded the PSL to eight teams starting from season 11 and significantly increased confidence in franchise investments.
Key Dates for PSL 11
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PSL 11 Start Date: March 26, 2026
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Player Auction: February 11, 2026
With multiple bidders now confirmed for Multan Sultans, the final ownership decision is expected to be a major talking point ahead of the upcoming season.
Conclusion
The confirmation of six bidders for Multan Sultans reflects the Pakistan Super League’s rapid growth as a commercially viable and globally recognized T20 league. As PSL 11 approaches, the franchise’s sale is set to play a crucial role in shaping the league’s future structure, competitiveness, and financial strength.
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