Dawn
-
15:19 Dec 27, 2025
LAHORE: The Pakistan Cricket Board on Saturday announced that it has approved 10 bidders after completing the technical evaluation of the proposals for the sale of two new franchises of the Pakistan Super League. The auction for the two teams is slated for Jan 8 in Islamabad and comes after the PCB, which had received 12 proposals, had earlier said that investors from the United States, Australia, Canada, the United Arab Emirates and Pakistan expressed their interest in acquiring the franchises up for sale. “A total of 12 proposals were received from interested parties within the stipulated deadline from across the globe and were scrutinised by the PCB Bid Committee over the last three days,” PCB said in a statement. “Following a thorough and transparent evaluation process, the PCB Bid Committee has qualified 10 bidders who have successfully met the technical criteria and now enter the second stage. “These 10 technically qualified bidders will now proceed to participate in the auction scheduled on Thursday, 8...