The Pakistan Cricket Board (PCB) has completed the independent valuation of all Pakistan Super League (PSL) franchises and related commercial assets, marking a major step toward the league’s next phase of growth.
According to the board, renewal offer letters have now been issued to all eligible franchises, outlining the revised franchise fees for the upcoming 10-year cycle.
Franchises have been asked to submit their responses within the given deadline.
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To ensure transparency throughout the process, the PCB has also scheduled joint and individual sessions between franchise representatives and the independent valuation firm, EY MENA.
These meetings will allow teams to review the valuation method in detail and directly raise any concerns or questions with the evaluators.
READ: PSL CEO announces two new teams, responds to Ali Tareen
The board further confirmed that valuation reports for two new PSL teams have also been received.
The tender process for their sale will begin soon, paving the way for the league’s expansion in its 11th edition.
Valuation Completed ✔️ #HBLPSL is set to get bigger!
— PakistanSuperLeague (@thePSLt20) November 14, 2025
Two new franchises will be included.
Cities in contention: Hyderabad • Sialkot • Muzaffarabad • Faisalabad • Gilgit • Rawalpindi
More details ➡️ https://t.co/cAtnc9Z2PB pic.twitter.com/rHWfYCHe21
Interested bidders will be able to choose from the shortlisted city names for the new teams, Hyderabad, Sialkot, Muzaffarabad, Faisalabad, Gilgit and Rawalpindi.
READ: PCB considers open bidding for two new PSL teams
Reiterating its commitment to fairness and clarity, the PCB stated that it aims to strengthen its long-standing partnership with PSL stakeholders.
The board noted that the league continues to play a significant role in enhancing the growth and global image of Pakistan cricket.
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PSL Chief Executive Officer Salman Naseer recently confirmed during a press conference at the National Bank Stadium that an auction-style process will be held for the sale of the two new franchises.
“An auction will be held for two new PSL franchises. Bidding parties will be given a pool of city names from which they can select one team,” Naseer said.
