On Wednesday, 14 January 2026, the PCB Confirms Auction Date for PSL Multan Sultans Franchise ahead of the upcoming 11th edition of the Pakistan Super League 2026. Initially, the Pakistan Cricket Board planned to operate the Multan Sultans franchise itself on a temporary basis after Ali Khan Tareen, the previous owner of the franchise, decided not to renew the Multan Sultans’ ownership agreement with PCB for the period of the next 10 years due to his issues with the board.
PCB planned to sell the franchise of Multan after the PSL-11 2026, but following a successful auction of the two new PSL franchises, the Pakistan Cricket Board now decided to put the Multan franchise on auction before the upcoming 11th edition of the Pakistan Super League. For this purpose, potential buyers have been invited to submit bids for the ownership rights of the franchise by the Pakistan Cricket Board.
30 January 2026 is the deadline for the technical bid set by the PCB for the interested bidders to submit their bids, and the bids will be opened on the same date. The Pakistan Cricket Board also clarified that only a technically qualified bidder will be allowed to participate in the final bidding process. Moreover, the players’ draft was also scheduled to be held on 30th January 2026, announced by the PCB, which is now likely to be rescheduled following the auction schedule of the Multan Franchise.
Brief History of Multan Franchise
Formerly known as Multan Sultans, established in 2017 as the sixth PSL franchise ahead of the third PSL edition. The PSL franchise of Multan Sultans was initially owned by Schon Properties for the next eight years, but their contract was terminated in 2018 by the PCB over payment defaults.
Later that year, the ownership of Multan Sultans was taken by Alamgir Khan Tareen and Ali Khan Tareen. Multan Sultans participated in eight editions of the Pakistan Super League since its third season in 2018 and won the PSL title in 2021.
Earlier this month, the Pakistan Cricket Board successfully organized the auction of two new PSL franchises as part of the PSL expansion plan. The ownership rights of two new PSL franchises are held by OZ Group (Sialkot) in RS. 18.5 billion and FSK Group (Hyderabad) in RS. 17.5 billion for ten years. Now, PCB confirms Auction date for PSL Multan Sultans franchise.
The city names of both these two new franchises are chosen by the respective franchise owners from the six cities shortlisted by the Pakistan Cricket Board. These two new teams are set to take part in the Pakistan Super League from the upcoming 11th PSL edition 2026.
The eleventh edition of Pakistan Super League is scheduled to take place from 26 March 2026 to 03 May 2026 with the eight teams for the first time ever in the history of Pakistan Super League. The registration of players for the PSL 11 player draft is already open, and the PSL player draft 2026 is scheduled to take place on January 30, 2026, which will now possibly be rescheduled because of the auction of the Multan franchise.