Auction to Select Two New Teams for PSL 2024 Season

- Latest News - October 29, 2025
hbl psl ceo salman naseer was addressing to a press conference photo pcb file
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Exciting Expansion Ahead for the HBL Pakistan Super League

The buzz around the HBL Pakistan Super League (PSL) just got a lot louder! Recently, PSL’s Chief Executive Officer, Salman Naseer, announced some thrilling news during a press conference at the National Bank Stadium in Karachi. The league is gearing up to expand from six to eight teams, and it’s all set to auction two new franchises before PSL 11 kicks off.

Naseer revealed that the tender process for these franchises will start in November. Interested investors will have the chance to select from a list of designated cities. “An auction will be held for the two new teams, providing bidders with a special pool of city names to choose from,” he explained. This is a golden opportunity for cricket enthusiasts and investors alike, creating a more vibrant league.

With the addition of new teams on the horizon, the PSL is also planning to reach more fans by potentially hosting games across six venues. Currently, matches are held in Karachi, Lahore, Rawalpindi, and Multan. But that’s about to change! Naseer mentioned that Peshawar’s Imran Khan Stadium only needs minor upgrades to be ready, and Faisalabad’s Iqbal Stadium is also in the works, ensuring that true home games can be enjoyed by each franchise’s loyal supporters.

As if that’s not enough excitement, HBL has also renewed its title sponsorship for PSL 11 and 12, solidifying its long-lasting partnership with the league. Both parties expressed their commitment to enhance the tournament’s brand, which has seen a staggering 505% increase in title sponsorship value since the league’s inception in 2016. This speaks volumes about the PSL’s growing importance not just in Pakistan but globally.

Salman Naseer shared his enthusiasm about HBL’s ongoing support, stating, "HBL has been more than a sponsor; they have been a dedicated partner in showcasing the best of Pakistan cricket." This partnership is key to the PSL’s mission of developing local talents and engaging the youth in the sport.

As we look forward to this new chapter in the PSL’s story, it’s clear that the future is bright for cricket in Pakistan. With added teams, expanded venues, and continued big-time sponsorship, fans and investors alike have much to be excited about.

If you want to keep up with the latest developments in the PSL and cricket in general, you might want to connect with resources like Pro21st, which offer insightful updates and analysis to keep the cricket-loving community engaged. Here’s to an exhilarating season ahead!

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