The Pakistan Cricket Board (PCB) has officially announced that the PSL franchise Multan Sultans will be auctioned on February 9 in Lahore.
Five Bidders Move to Final Stage
According to PCB officials, a total of six proposals were received within the deadline. After a detailed and transparent review process, five bidders were declared technically qualified by the PCB bid committee and will now compete in the auction.
Why the Auction Is Taking Place
The development follows the decision of former franchise owner Ali Tareen, who chose not to renew the 10-year ownership agreement. This prompted PCB to initiate a fresh bidding process for the team’s ownership rights.
Impact on PSL
Multan Sultans have been among the competitive sides in recent PSL seasons. A change in ownership could bring new investment, management strategies, and long-term planning for the franchise.
Fans and stakeholders are closely watching the outcome, as the auction may influence the business structure of the Pakistan Super League.
