The Pakistan Cricket Board (PCB) has confirmed that the PSL franchise Multan Sultans will go under the hammer on February 9 in Lahore.
Five Bidders Cleared
PCB officials revealed that six proposals were received within the deadline. After a detailed and transparent scrutiny process, five bidders were declared technically qualified by the PCB bid committee and will now compete in the final auction.
Reason Behind the Sale
The auction follows the decision of former franchise owner Ali Tareen, who declined to renew the 10-year ownership agreement. This prompted PCB to initiate a fresh ownership process.
Why This Auction Matters
Multan Sultans have emerged as a strong PSL side in recent seasons. A new owner could bring fresh investment, management strategy, and team-building plans ahead of future tournaments.
Cricket fans and stakeholders are closely watching the auction outcome, as it may influence the commercial and competitive landscape of the Pakistan Super League.