LAHORE, Dec 24 (APP):
The Pakistan Cricket Board (PCB) on Wednesday announced that 12 bidders from five continents have submitted bids for the two newly available team slots in the HBL Pakistan Super League (PSL).
In a press release, the PCB expressed satisfaction over the strong response to the tender, stating that it had received an exceptional and encouraging response for the sale of two new PSL franchises.
“Within the stipulated deadline, 12 parties have formally submitted their bids, reflecting strong domestic and international interest in the league,” the PCB said.
According to the board, the bidders represent five continents, including the United States, Australia, Canada, the United Arab Emirates (UAE), and Pakistan, highlighting the PSL’s growing global reach, popularity, and commercial appeal.
The PCB said that the results of the initial bidding phase will be announced on December 27. In the next stage, bidders who meet the technical qualification criteria will be invited to participate in an open competitive bidding process for the two new franchises.
This final stage of bidding is scheduled to be held on January 8 at the Islamabad Convention Centre.
The PCB reaffirmed its commitment to conducting the entire process in a transparent, competitive, and internationally compliant manner, aimed at ensuring the continued expansion and long-term growth of the HBL Pakistan Super League.
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