The Pakistan Cricket Board (PCB) has announced the auction date for the ownership rights of the PSL franchise Multan Sultans.
According to PCB officials, the auction will take place on February 9 in Lahore.
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The board revealed that a total of six proposals were received within the deadline. After a detailed and transparent evaluation process, five bidders were declared technically qualified by the PCB bid committee and will now participate in the final auction.
Background of the Auction
The development follows the decision of former franchise owner Ali Tareen, who declined to renew the 10-year ownership agreement. As a result, the PCB moved ahead with plans to auction the team’s ownership rights.
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Multan Sultans have been one of the competitive teams in the Pakistan Super League. The new ownership could influence the franchise’s future strategy, investment, and team development ahead of upcoming seasons.
Fans and stakeholders will closely watch the outcome, as the auction could reshape the business landscape of the PSL.
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