Lahore, Dec 21 (UNI) The Pakistan Cricket Board (PCB) has once again extended the deadline for submitting bids for the two new Pakistan Super League (PSL) franchises, Geo Super reported.
The original deadline of December 22 has now been pushed to December 24, following two bank holidays during the period and requests from interested parties for additional time. The auction for the new teams is scheduled for January 8, which has also been delayed by a day due to this extension. The initial bid deadline had been set for December 15.
The first extension was announced in response to “growing interest” from investors in Europe, the United States, the Middle East, and beyond.
“Witnessing growing interest from Europe, the 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,” Naqvi had shared on X. He added, “Good luck to everyone, excited to welcome our new franchise owners to the HBL PSL family.”
This development comes after a highly successful PSL roadshow at London’s iconic Lord’s Cricket Ground, which attracted significant attention from potential investors eager to acquire one of the two new franchises.
The PSL, which began in 2016 with five teams and expanded to six in 2018, will see its first major restructuring in seven years with the addition of these two new franchises for its 11th edition next year, bringing the total number of teams to eight.
PCB extends PSL bid deadline for two new franchises
