The Pakistan Super League (PSL) has announced strong interest in the Multan Sultans franchise, confirming that six separate bids have been submitted as the competition to secure ownership heats up ahead of PSL 11. The development signals growing investor confidence in the league and the value of its teams.
The update was shared through the PSL’s official social media platforms, where the league revealed that multiple parties had officially entered the bidding process for the Multan Sultans. The confirmation highlights the franchise’s popularity and commercial appeal among potential buyers.
The Pakistan Cricket Board (PCB) formally began the sale procedure on January 14, 2025, by publishing an advertisement inviting interested investors and groups to apply for ownership rights. The board is looking to transfer control of the franchise, which won the PSL title in 2021, to new stakeholders. Initially, the deadline for submitting technical proposals was set for January 30, though it was later extended to allow more participants.
The Multan Sultans became available after former owner Ali Tareen stepped down in November. His decision followed reported disagreements with the PCB that had persisted for over a year. PCB Chairman Mohsin Naqvi later stated that the board would assume control of the franchise once the current agreement ends on December 31, 2025.
Earlier plans suggested the PCB might manage the team temporarily before selling it in 2027. However, rising franchise valuations and strong market demand encouraged the board to fast-track the sale.
Recent franchise deals have further boosted confidence, with two new teams from Hyderabad and Sialkot sold for billions of rupees, expanding the league to eight teams. With PSL 11 set to begin on March 26 and the player auction scheduled for February 11, interest in the Multan Sultans continues to grow.
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