Story perspectives

PSL Auctions Two New Franchises Amid Ownership Tensions

10/30/2025

Summary

Story summary

Key Information: Salman Naseer, the Pakistan Super League (PSL) chief executive, announced an auction for two new franchises for the 11th edition.
Current team owners may match valuations to retain ownership or opt out as revaluation nears completion.
Naseer said tensions with Multan Sultans owner Ali Tareen should be resolved privately.
The league will continue to thrive, as Habib Bank Limited (HBL) extends its agreement with a significant increase.

History

Historical Context

The Pakistan Super League (PSL) launched its inaugural season in 2016, organized by the Pakistan Cricket Board and held in the UAE. With five teams, the tournament aimed to revitalize cricket in Pakistan, attracting significant investment, including $10 million from Habib Bank Limited. The PSL's success, evidenced by high viewership, has positioned it as a key player in the cricketing landscape, fostering further investment opportunities.

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Story summary

Key Information: Salman Naseer, the Pakistan Super League (PSL) chief executive, announced an auction for two new franchises for the 11th edition.
Current team owners may match valuations to retain ownership or opt out as revaluation nears completion.
Naseer said tensions with Multan Sultans owner Ali Tareen should be resolved privately.
The league will continue to thrive, as Habib Bank Limited (HBL) extends its agreement with a significant increase.

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