LAHORE (Kashmir English): The Pakistan Super League (PSL) draft for the 11th season is likely to be held on January 30.
The PSL management is working on a strategy to resolve all administrative and technical issues as soon as possible, before the PSL draft.
Sources say that the PSL management has started formal planning for the draft, while the date and venue of the draft are expected to be announced in the next few days.
Owners, coaches, and other representatives of all 8 franchises will participate in the PSL draft.
It has been further reported that the PSL 11 draft is likely to be held during a one-day break during the T20 series between Pakistan and Australia.
Earlier, the FKS Group and OZ Developers on Thursday won the auction for the 7th and 8th Pakistan Super League (PSL) teams with the staggering prices of Rs1.75 billion and Rs1.85 billion, respectively.
The bidders named their franchises after Hyderabad and Sialkot following the completion of the expansion auction ahead of the upcoming season of PSL in 2026.
The bid for the 7th team started with the base price of Rs 1.10 billion, and all 10 qualified bidders competed fiercely for the new team.
The business group owned by Fawad Sarwar emerged as the winner and named the team after Hyderabad, becoming the second franchise from Sindh province.
Similarly, with the base price of Rs 1.70 billion, Oz Developers, owned by Mr Hamza Majeed, successfully acquired the ownership of the eighth PSL team for Rs 1.85 billion.
The winner selected the home city for the franchise from the PCB-approved list that included Faisalabad, Gilgit, Hyderabad, Muzaffarabad, Rawalpindi, and Sialkot.
