LAHORE: PCB Chairman Mohsin Naqvi welcomed the successful induction of two new franchises into the HBL Pakistan Super League (PSL), describing it as a landmark moment in the tournament’s history. He emphasized that the addition of new teams will not only strengthen the PSL’s competitive structure but also enhance its global stature, attracting greater international attention and investment.
Naqvi noted that the expansion reflects the league’s growing commercial value and its role as Pakistan’s premier sporting brand. He added that the PSL’s reach into new regions through franchises representing Sialkot and Hyderabad will deepen fan engagement and provide fresh opportunities for local talent to shine on the world stage.
The HBL Pakistan Super League (PSL) has set a new record with the sale of two of its most expensive franchises to date. With the inclusion of Hyderabad and Sialkot, the PSL will now feature eight teams in its landmark 11th edition. In the first round of bidding, the FKS Group successfully acquired the Hyderabad franchise for PKR 1.75 billion. In the second round, the OZ Group purchased the Sialkot franchise for PKR 1.85 billion. A total of nine investors participated in the auction, which resulted in a significant boost to the PSL’s commercial value.
PSL CEO Salman Naseer added that the new franchises will inject fresh excitement and passion among fans. The new owners also shared their vision. Fawad Sarwar, owner of the Hyderabad franchise, pledged to bring modern management and high-quality cricket to the league. Meanwhile, Hamza Majeed, owner of the Sialkot team, emphasized that his franchise will represent the spirit of the fans and bring new energy to the PSL.
