ISLAMABAD: The Pakistan Cricket Board (PCB) announced this week it has cleared 10 interested parties to bid for its two new Pakistan Super League (PSL) franchises next month.
Pakistan will hold the 11th edition of the PSL next year from Mar. 26 to May 11, with two new franchises set to debut. The PCB held roadshows in New York and London this month to attract investors to buy the new franchises and invited interested parties to bid for the teams.
The PCB said earlier this week that 12 interested parties had bid for the two teams.
“Following a thorough and transparent evaluation process, the PCB Bid Committee has qualified 10 Bidders who have successfully met the technical criteria and now enter the second stage,” the board said in a statement on Saturday.
The PCB said these 10 bidders will now participate in the auction scheduled to be held on Thursday, Jan. 8 at the Jinnah Convention Center in Pakistan’s capital city, Islamabad.
