PSL 11 Auction – 10 Bidders 2 New Franchises Where to Watch?
The landscape of Pakistan cricket is about to change forever. Tomorrow, January 8, 2026, at 4:15 PM (PKT), the HBL Pakistan Super League (PSL) will officially enter its #NewEra as 10 massive business entities compete in an open auction for two brand-new franchises.
Held at the Jinnah Convention Centre in Islamabad, this landmark event will expand the league from six to eight teams, marking a historic milestone for the world’s second-most popular T20 league.
PSL 11 Auction Quick Facts
| Feature | Details |
| Event Date | Thursday, January 8, 2026 |
| Time | 4:15 PM (PKT) |
| Venue | Jinnah Convention Centre, Islamabad |
| Expansion | 6 Teams ➔ 8 Teams |
| Shortlisted Cities | Faisalabad, Gilgit, Hyderabad, Muzaffarabad, Rawalpindi, Sialkot |
| Official Hashtag | #NewEra |
Who are the 10 Bidders?
Following successful international roadshows in London and New York, 12 parties filed bids. After a rigorous technical evaluation, these 10 technically qualified bidders are ready for the final auction:
Official Bidders List
| Sr. No. | Company / Bidder Name | Key Individual(s) | Industry Sector |
| 1 | Aim Next Inc. | Mr. Umar Mushtaq & Mr. Ali Mushtaq | Tech & Services |
| 2 | Deharki Sugar Mills | Mr. Makhdoom Syed Ali Mahmud | Agrobusiness / Sugar |
| 3 | FKS | Mr. Fawad Sarwar | Business & Investment |
| 4 | Inverex Solar Energy | Mr. Muhammad Zakir Ali | Renewable Energy (Solar) |
| 5 | i2c Inc. | Mr. Amir Wain | Software (Fintech/US-based) |
| 6 | Jazz (PMCL) | Mr. Amir Ibrahim | Telecommunications |
| 7 | OZ Developers | Mr. Hamza Majeed | Real Estate & Construction |
| 8 | Prism Developers | Mr. Masood Alvi (CEO) | Real Estate Development |
| 9 | VGO TEL | Mr. Naveed Gaba | Technology / Mobile Devices |
| 10 | Walee Technologies | Mr. Ahsan Tahir | Ad-Tech / Influencer Marketing |
The pool is incredibly diverse, featuring giants from telecommunications (Jazz), solar energy (Inverex), real estate (OZ & Prism), and even a US-based software firm (i2c).
Which Cities Will Join the PSL?
The winning bidders will choose from a prestigious list of shortlisted cities. Two of these will soon become household names alongside legends like Lahore Qalandars and Islamabad United:
- Faisalabad
- Sialkot
- Rawalpindi
- Hyderabad
- Muzaffarabad
- Gilgit
The addition of these teams comes just in time for PSL 11, scheduled to take place between March 26 and May 3, 2026.
🔟 Bidders. Two New Teams.
— PakistanSuperLeague (@thePSLt20) January 7, 2026
Everything is set for the HBL PSL Teams Auction 🔥
🗓️ 8 January 2026
⏰ 4:15 PM (PKT)
The #NewEra of HBL PSL is about to begin!
Read more: https://t.co/gZBP3M9slI#HBLPSL pic.twitter.com/gjmkeNb9Ms
Entertainment & Celebrations
The auction isn’t just about business; it’s a celebration of Pakistan cricket.
- Live Performance: The legendary Rahat Fateh Ali Khan will perform live following the conclusion of the bidding process.
- Felicitation: The PCB will honor the Pakistan Shaheens (Men’s Rising Stars Asia Cup 2025 winners) and the victorious Hong Kong Super Sixes squad before the bidding starts.
Where to Watch the PSL Auction Live?
Don’t miss a single bid! The event will be broadcast and streamed across multiple platforms:
- TV Channels: A Sports, Fast Sports, Geo Sports, and PTV Sports.
- Digital/Apps: Tapmad, Tamasha, Myco, and PCB Live (UK Region).
- Social Media: Official HBL PSL and PCB YouTube Channels.
Why This Matters for Pakistan Cricket
Expanding to eight teams is a strategic move by the PCB to increase the commercial value of the league and provide more opportunities for local talent. With the #NewEra hashtag trending, the hype is at an all-time high.
Two new cities are about to get their own heroes. Will we see the “Sialkot Stallions” return in a new avatar, or will Faisalabad finally get its due? We find out tomorrow!
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