PSL 11 – PSL Franchise Team Valuation Process Completed
The valuation process of all PSL franchises has been completed, and the PCB has officially sent renewal offers for the new 10-year agreements to the teams. Franchises have been instructed to respond within the given deadline. The chartered firm overseeing the process has also finalized the possible valuation for two new franchises.
With the expansion of the league, the PSL will now feature eight teams instead of six. The tender for the two new teams will be issued soon. Possible candidates for the new franchises include Hyderabad, Sialkot, Muzaffarabad, Faisalabad, Gilgit, and Rawalpindi.
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💬 Join Now on WhatsAppThe PCB has stated that it wants to maintain a relationship of mutual respect with the existing franchises. Team owners and representatives will be called for a formal briefing on the valuation process, where further consultation will also take place.
