Lahore, December 12,2025: The Pakistan Cricket Board (PCB) on Friday extended the deadline for submitting bids for the two new Pakistan Super League (PSL) franchises by one week, citing a surge in interest from investors in Europe, the United States (USA), and the Middle East.
PCB Chairman Mohsin Naqvi announced the decision on his official X handle, confirming that the new deadline for bid submissions has been moved to December 22, 2025.
“Witnessing growing interest from Europe, USA, the Middle East and beyond in acquiring new HBL PSL teams, we have decided to extend the bid submission deadline by one week to 22 December 2025,” Naqvi wrote. “Good luck to everyone excited to welcome our new franchise owners to the HBL PSL family.”
The extension follows the PCB’s highly successful international roadshow at London’s historic Lord’s Cricket Ground, where the league attracted “unprecedented attention” from a diverse group of investors. Attendees expressed strong interest in acquiring one of the two new franchises up for auction.
Continuing its global outreach, the PCB is set to host another roadshow in New York on Saturday as part of its efforts to engage with international stakeholders ahead of the franchise auction, scheduled for January 6.
The PSL, inaugurated in 2016 with five franchises and expanded to six teams in 2018, is now preparing for its most significant expansion yet. From the 11th edition next year, the league will include eight teams, marking its first major restructuring in seven years.
