Amid overseas interest, PCB pushes PSL franchise bid deadline to December 22
Witnessing growing interest from the Europe, USA, the Middle East and beyond in acquiring new HBL PSL teams, we have decided to extend the bid submission deadline by one week to 22 December 2025, confirmed Mohsin Naqvi.
New Delhi: The Pakistan Cricket Board (PCB) has extended the deadline for the investors to buy two new teams in the Pakistan Super League (PSL) by one week. Chairman of the PCB, Mohsin Naqvi, announced that the bids can now be submitted until December 22 instead of the earlier date which was December 15.
Naqvi also revealed that the interest is being shown by prospective investors from United States, UK, Gulf Countries in the two new teams of the PSL is very much heartening for the board. 'The growing interest of foreign investors in the PSL is encouraging and we are waiting to welcome the owners of the two new franchises soon,' Naqvi said.
The Pakistan cricket board also confirmed that it would be holding a roadshow for the PSL on Saturday in New York and will have several Pakistan team members and also their Test skipper Shan Masood in attendance. Last week on Sunday, the PCB held a PSL roadshow at the Lord's cricket ground in London, describing it as a major success.
Questions being raised on money spent
As per a report in news agency PTI, questions are being raised in the cricket circles about how much the board has spent on holding the PSL roadshows and what was the need for extending deadlines for the bidders of the two new teams.
The PCB also had invited former skipper Ramiz Raja and pacer Wasim Akram for the London roadshow and they are expected to be present in New York on December 13 as well. Though nothing has been made public but the PCB has decided to keep a reserve price of 130 crores PKR for each new team which comes to about 470,000 USD, mentions a report on news agency PTI.
The Pakistan Super League currently features six teams but is expanding to eight for the 2026 PSL season.