Interest around the Pakistan Super League continues to grow as preparations for the 2026 season enter a decisive phase. One of the biggest developments this year is the future of Multan Sultans, a franchise that has quickly become central to league discussions. The Pakistan Super League has now officially confirmed strong bidding interest in Multan Sultans, signaling confidence in the league’s commercial strength and long-term stability.
This update explains what has changed, why multiple bidders are involved, and what it means for the team and PSL 11.
What Is the Latest Update
The Pakistan Super League has confirmed that multiple parties have submitted bids for the Multan Sultans franchise. The ownership auction is scheduled to take place on February 9, 2026, in Lahore, following the successful completion of the technical bid submission phase.
The technical submission deadline closed on February 2, 2026, and six interested parties have formally entered the process, showing strong market demand for the franchise.
Why Multan Sultans Are Up for Auction
The franchise rights for Multan Sultans reverted to the Pakistan Cricket Board (PCB) after the previous long-term ownership agreement ended. The earlier 10-year cycle was not renewed, prompting the PCB to bring the team back under its control and offer it again through an open bidding process.
This move ensures transparency and allows the league to reassess the franchise’s market value under updated financial conditions.
Strong Bidding Interest Confirmed
According to official information, six bids have been received for Multan Sultans. These include a mix of local and international interest, highlighting the growing global appeal of the PSL brand.
The level of competition suggests that the PCB expects to generate more than Rs. 2 billion from the sale, reflecting the franchise’s strong fan base and on-field success in recent seasons.
Expected Base Price and Financial Outlook
The anticipated base price for the Multan Sultans auction is above Rs. 1.7 billion. This places the franchise among the higher-valued teams in the league.
The strong bidding response also aligns with recent franchise sales, where new teams were added at premium prices, reinforcing the league’s upward financial trend.
Key PSL 11 Auction and Timeline Dates
Several important milestones are approaching as PSL 11 prepares to transition into a new era.
PSL 11 Key Dates
-
February 2, 2026: Technical bid submission deadline (completed)
-
February 3, 2026: Player retention deadline for existing franchises
-
February 6, 2026: Retention deadline for new franchises
-
February 9, 2026: Multan Sultans ownership auction
-
February 11, 2026: First-ever PSL player auction
-
March 26, 2026: PSL 11 season begins
These dates mark a structured and closely coordinated schedule for the upcoming season.
Transition to Player Auction System
The 2026 season introduces a historic change in PSL operations, as the league shifts from the traditional draft model to a player auction system.
This change aims to:
-
Increase transparency in player recruitment
-
Align PSL with other major global leagues
-
Offer franchises greater strategic flexibility
The Multan Sultans ownership decision is particularly important because it must be finalized before player auctions begin.
How Player Retentions Are Being Managed
Since Multan Sultans currently do not have a confirmed owner, the PCB has stepped in to ensure fairness.
An independent panel has been formed to:
-
Oversee player retentions
-
Ensure compliance with league rules
-
Protect team balance ahead of the auction
This temporary arrangement ensures that the franchise is not disadvantaged due to the ownership transition.
PSL Expansion Adds More Context
PSL 11 will feature eight teams, following the addition of new franchises from Hyderabad and Sialkot.
These new teams were sold for:
-
Hyderabad: Rs. 1.75 billion
-
Sialkot: Rs. 1.85 billion
These figures provide context for the expected valuation of Multan Sultans and demonstrate sustained investor confidence.
What This Means for Fans and the League
For fans of Multan Sultans, the update is largely positive.
It means:
-
The franchise remains a top-tier asset
-
Stability is being prioritized before the season
-
Competitive team building will continue
For the league, multiple bidders confirm that the PSL remains commercially attractive despite economic challenges.
What Happens Next
The next step is the ownership auction on February 9, 2026. Once a new owner is confirmed, focus will shift quickly to:
-
Finalizing player retentions
-
Preparing for the player auction
-
Team branding and management planning
All eyes will be on Lahore as this decision shapes the future of one of PSL’s most prominent teams.
Short Clarity Section – Common Confusion
Is Multan Sultans being removed from PSL?
No. Only ownership is changing, not the team’s participation.
How many bidders are involved?
Six parties have submitted bids.
Will this delay team preparations?
No. The PCB has arranged interim management to avoid disruption.
Is PSL expanding permanently?
Yes. PSL 11 will feature eight teams.
Conclusion
The confirmation that Multan Sultans have attracted multiple bidders reflects the continued strength and appeal of the Pakistan Super League. With the ownership auction scheduled for February 9, 2026, and a new player auction system launching soon after, PSL 11 is shaping up to be a landmark season.
For fans, sponsors, and players alike, the strong interest in Multan Sultans is a clear sign that the league’s future remains competitive, stable, and commercially promising.
