The Pakistan Cricket Board (PCB) has decided to auction the Pakistan Super League (PSL) franchise Multan Sultans, marking a major shift in league ownership plans ahead of PSL 11.

Sources reveal that PCB had earlier announced it would operate Multan Sultans directly during the upcoming season. However, following the unexpectedly high bids for two newly introduced PSL teams, the board has opted to sell the franchise through open bidding.

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Officials believe current market conditions are ideal, as investor confidence in the PSL has surged. The strong response to the auction of new teams — including international investors — has encouraged PCB to proceed with the sale of Multan Sultans.

According to insiders, legal and regulatory aspects are being reviewed before issuing a formal advertisement. The auction will follow an open bidding process, similar to the recent franchise sales.

The PCB remains optimistic that Multan Sultans will fetch a strong valuation, especially after record franchise sales and growing global interest in the league.

It is worth noting that PSL 11 will feature eight teams, with Hyderabad and Sialkot joining as new franchises, further expanding Pakistan’s premier T20 tournament.