Fourteen major companies have shown interest in purchasing two new Pakistan Super League (PSL) Teams, sources revealed on Tuesday. The expansion is part of the league’s efforts to attract investors and grow its international appeal.
According to sources, one of the potential buyers is likely from the United States. The American businessman’s company is reportedly valued at over $150 million. His participation highlights the growing global interest in the PSL.
The deadline for submission of documents for the bidding of the two new PSL Teams is tomorrow. All interested companies must complete their applications before this date to remain eligible for the auction.
The official list of qualified bidders is expected to be announced on December 27. This announcement will clarify which companies are competing for ownership of the new franchises.
The bidding for the new PSL Teams is scheduled to take place through an open auction on January 8. The auction will allow eligible companies to bid transparently for ownership. Officials say the process will follow strict guidelines to ensure fairness.
Adding two new PSL Teams is expected to strengthen the league and create more opportunities for players. Analysts believe that attracting international investors could enhance the PSL’s brand value and commercial reach.
The new franchises are likely to bring more competitive balance to the league. They will also provide more chances for emerging players to showcase their talent on a bigger stage.
In other related news also read PSL Becomes India’s Most Searched Term 2025
The PSL management has emphasized that all procedures for the selection of owners will be transparent. Fans and business circles are eagerly watching the auction and announcement of the new PSL Teams. The move is seen as a major step in expanding the league and increasing its global footprint.
