Sports

PCB to auction Multan Sultans ahead of PSL 11

Published by
Web Desk

LAHORE: The Pakistan Cricket Board (PCB) has also decided to auction Multan Sultans.

According to sources, the PCB had announced that it would run the affairs of Multan Sultans itself in PSL 11, while now according to new developments, the PCB will now sell Multan Sultans as well.

Sources said that the auction of the two new PSL teams exceeded the PCB’s expectations, due to the good prices received for the two new teams, it has now been decided to auction Multan Sultans as well.

Sources also said that the PCB believes that there is no better time to sell Multan Sultans, open bidding will also be held for Multan Sultans, for which an advertisement will be given soon and an official announcement will be made soon after reviewing the legal aspects.

According to sources, after the record sale of 2 franchises and the interest of foreign investors, there have been interested parties in taking over Multan Sultans, after which the PCB is hopeful of selling Multan Sultans at a good price in the auction.

It should be noted that in the recent auction, the PCB has sold two new PSL teams, this time there will be 8 teams in PSL 11, including teams from Hyderabad and Sialkot.

Web Desk

Recent Posts

Latest Gold Rate in Pakistan – June 24, 2026

KARACHI: The price of gold in Pakistan has decreased by more than Rs 10,000, according…

5 minutes ago

PTA warns users against sharing unlawful online content

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has issued a warning for mobile phone users against…

12 hours ago

Iranian President lauds Pakistan’s peace efforts during key meetings

ISLAMABAD: Iranian President Dr. Masoud Peshkeskian met President Asif Ali Zardari and Prime Minister Shehbaz…

13 hours ago

Govt approves reduced property tax rates, new income tax slabs for salaried class

ISLAMABAD: The government has approved a reduction in advance tax rates on property buyers and…

14 hours ago

CDF Asim Munir meets Iranian President, discusses regional situation following US-Iran talks

RAWALPINDI: Chief of Army Staff, Field Marshal Syed Asim Munir, met with Iranian President Masoud…

15 hours ago

Solar panels, batteries rates drop amid reduction in petrol price

LAHORE: Following the reduction of petroleum prices, solar panels and batteries witnessed a sharp fall…

15 hours ago