PCB Extends PSL Bid Auction 2026
PCB Extends PSL Bid Auction 2026: Pakistan Cricket Board has announced an extension for the submission of bids for two new Pakistan Super League teams. Originally set for December 22, the deadline has now been moved to 4:00 pm on December 24. This is the second extension, prompted by two bank holidays and requests from bidding parties.
The move allows more potential investors, both domestic and international, enough time to prepare their proposals. The decision reflects the growing interest in acquiring new PSL franchises from regions such as Europe, the United States, and the Middle East.
You Can Also Read: PSO Mutual Fund Holdings Report: Current Fund Positions
PSL 2026 New Team Bid Timeline
| Event | Date |
|---|---|
| Bid Submission Deadline | December 24, 4:00 pm |
| Qualified Bidders Announcement | December 27 |
| Open Auction | January 8, 2026 |
| Total Teams After Expansion | Eight |
| Last Team Added | Multan Sultans, 2018 |
Timeline for New PSL Teams
The process for the addition of the new franchises has been clearly outlined by the Pakistan Cricket Board. Key dates include the final deadline for bid submission on December 24 at 4:00 pm, the announcement of technically qualified bidders on December 27, and the open auction for the teams on January 8.
This structured timeline ensures transparency and gives all interested parties sufficient time to participate in the bidding process. It also allows the league to manage the expansion smoothly without any last-minute issues.
You Can Also Read: Punjab Driving Licenses Record Status Check Via Dlims.punjab.gov.pk
Key Highlights of PSL Expansion
- The league will expand from six to eight teams with the addition of two new franchises.
- This will be the first major restructuring in seven years.
- The Multan Sultans were added in 2018, increasing the total to six teams.
- The expansion reflects growing global interest in the league.
Bidding and Investment Opportunities
- International investors from Europe, the United States, and the Middle East are showing interest.
- The open auction will take place on January 8, 2026.
- New teams are expected to increase the competitiveness of the league.
- The Pakistan Cricket Board welcomes new franchise owners to the league.
Impact on Fans and League Growth
The addition of two new teams is expected to excite fans across Pakistan and internationally. It will give supporters more matches to watch and a wider choice of teams to follow. The expansion also helps the league grow commercially by attracting more sponsors, media coverage, and international attention. This step strengthens the overall profile of the Pakistan Super League.
You Can Also Read: BISP 8171 December 2025 Payments Complete Eligibility & Schedule