ISLAMABAD: The base price for the two new franchises to be added to the Pakistan Super League has been fixed at approximately Rs100 crore, according to sources familiar with the matter. The development marks a significant step forward as the country’s premier T20 tournament prepares for expansion, reflecting the league’s growing commercial value and popularity.
Sources said the Pakistan Cricket Board has finalised a list of 10 bidders who will take part in the auction process for the new teams. As a result, preparations for the bidding event have entered their final phase. The auction is scheduled to take place in Islamabad on January 8 and is expected to attract strong interest from investors and cricket stakeholders.
Moreover, the event is likely to gain additional prominence due to its high-profile arrangements. Sources revealed that renowned singer Rahat Fateh Ali Khan will perform at the auction ceremony, adding a cultural and entertainment element to the proceedings. Consequently, the auction is expected to become a major attraction, combining sports, business, and entertainment on one platform.
Expansion plans and auction details
With the addition of two new franchises, the PSL aims to broaden its reach and strengthen its competitive structure. According to sources, the PCB has carefully evaluated financial benchmarks before setting the base price. Therefore, the Rs100 crore valuation reflects both market demand and the league’s long-term commercial strategy.
Industry observers believe that the expansion will create new opportunities for regional representation and fan engagement. Furthermore, it is expected to enhance broadcast value and sponsorship interest, thereby increasing overall revenue for the league. The Islamabad auction will serve as a key milestone in this expansion journey.
Infrastructure upgrades ahead of Champions Trophy
Separately, the Pakistan Cricket Board has expressed satisfaction over the development of cricket infrastructure during 2025 as part of preparations for the ICC Champions Trophy. The upcoming tournament will mark Pakistan’s first ICC major event in 29 years, making infrastructure readiness a top priority.
In an official press release, the PCB stated that stadium upgrade projects completed in 2025 have significantly reshaped the country’s cricketing landscape. Under the vision of PCB Chairman Mohsin Naqvi, several major venues underwent comprehensive renovations to align with international standards.
The board highlighted that Gaddafi Stadium in Lahore was rebuilt in record time and completed ahead of schedule. The upgraded venue now includes modern dressing rooms, newly constructed enclosures, improved entry and exit points, and advanced LED floodlights. As a result, the PCB believes these improvements will enhance the experience for players, officials, and spectators during major international events.
