PSL Announces Auction Date for Multan Sultans Franchise

The Pakistan Super League (PSL) has announced the auction date for the Multan Sultans franchise. According to PSL officials, the auction will take place on February 9 in Lahore. A total of 5 bidders, selected by the PCB’s bidding committee, will compete for the ownership rights of the franchise.

The PCB stated that a total of 6 proposals were received within the designated period. After a detailed and transparent evaluation, 5 bidders were technically cleared to participate in the auction.

It is worth noting that the former owner of Multan Sultans, Ali Tareen, had declined to renew the 10-year ownership agreement, prompting the PCB to announce the re-auction of the franchise.