PSL Franchise Expansion: PCB Announces Six Shortlisted Cities for New Franchises

Valuation Process Completed for League Expansion

The Pakistan Cricket Board (PCB) has finalized the valuation assessment for the Pakistan Super League (PSL), paving the way for the addition of two new franchises to the tournament. This strategic expansion marks a significant milestone in the league’s development, with the board engaging professional services firm EY MENA to ensure transparent financial evaluations and stakeholder consultations. The completion of this valuation phase allows PCB to proceed with concrete plans for growing the popular T20 competition.

Six Cities in Contention for New Teams

PCB has identified six potential host cities for the new franchises: Hyderabad, Sialkot, Muzaffarabad, Faisalabad, Gilgit, and Rawalpindi. These locations represent diverse cricketing regions across Pakistan, with the selection aimed at broadening the league’s geographic footprint and fan engagement. Existing franchises have received renewal offers, while the board prepares to initiate a competitive bidding process for the two available slots. This expansion approach balances continuity with growth, maintaining established teams while creating opportunities for new entrants.

Transparent Process Signals New Era for PSL

The board’s partnership with EY MENA underscores its commitment to professional governance and equitable franchise valuation. By implementing rigorous financial standards and maintaining open communication with stakeholders, PCB aims to strengthen confidence in the league’s business model. This expansion initiative reflects PSL’s growing commercial viability and Pakistan’s ambitions to establish itself as a premier destination for T20 cricket, building on the tournament’s increasing popularity since its inception.