LAHORE: The Pakistan Super League (PSL) on Monday received six bids for its franchise Multan Sultans, ahead of the landmark 11th edition of the tournament, which is scheduled to be held from March 26 to May 3.
The marquee league made the announcement through its official social media handles by sharing a graphic banner that read, “We have received six bids. Technical proposal evaluation in progress.”
The development comes two days after sources suggested Ali Tareen, the franchise’s former owner, is keen to regain ownership of the 2021 champions.
According to insiders, Tareen, who decided against renewing the ownership contract after the landmark 10th edition of the marquee league due to differences with the Pakistan Cricket Board (PCB), has decided to participate in the team’s auction on February 8 or 9.
As a result, sources added, Tareen has submitted the necessary documents to appear in Sultans’ auction.
Notably, the PCB last month formally invited bids for the franchise by issuing an advertisement to attract interested parties.
The deadline for submission of documents for technical proposals is set for January 30, and only bidders who qualify on technical grounds will advance to the next stage of the bidding process.
Earlier, PCB chairman Mohsin Naqvi had announced that Multan would take control of Sultans after the existing franchise agreement expires on December 31.
“Multan Sultans will be run by the PCB this year. After the PSL is over, we will conduct an auction and put the franchise up for sale. This season, the board will run the Sultans,” Naqvi had said in December last year.
comments