The Pakistan Cricket Board (PCB) has announced the extraordinary and encouraging results of the tender issued for the sale of two new teams of the Pakistan Super League (PSL). According to the PCB, 12 parties formally submitted bids within the stipulated date. According to the press release, the results of this phase of bidding will be announced on December 27. In the next phase, technically qualified bidders will be given the opportunity to buy two new teams through open competition bidding. The Pakistan Cricket Board is committed to completing this process in a transparent, competitive and in accordance with international standards, so as to ensure further expansion and development of the Pakistan Super League.

Source: The Patriot December 24, 2025 15:17 UTC