PIA Franchise Bid Gains Momentum Ahead of PSL Expansion
The PIA franchise bid is gaining strong momentum ahead of PSL 11 in 2026. Reports suggest the airline’s new owners may enter Pakistan’s biggest cricket league. As a result, excitement around league expansion continues to grow. The Arif Habib Group recently completed a Rs. 135 billion acquisition of the national carrier. Industry insiders now see the group as a serious contender. Therefore, its interest in the PSL has drawn wide attention. Sources indicate that Inverex and the Arif Habib Group lead the race. These two entities appear most likely to secure the new teams. In addition, the expansion will increase the league from six to eight sides.
Strong Global Interest in New Teams
The Pakistan Cricket Board confirmed an exceptional response to the tender process. A total of 12 parties submitted bids before the final deadline. However, the board extended the submission window several times due to high demand.Promotional roadshows in London and New York played a key role. These events attracted investors from Europe, North America, and the Middle East. As a result, international interest in the league reached new levels.The upcoming expansion marks a major milestone for the competition. It will be the first structural change since Multan joined in 2018. Therefore, the move signals steady growth and long-term confidenceAccording to officials, bidders represent five countries. These include Pakistan, the United States, Australia, Canada, and the UAE. The list also features telecom firms, real estate groups, and overseas business consortia.The PCB will announce initial screening results on December 27. Only bidders meeting financial and technical standards will move forward. After that, an open bidding round will finalize ownership.If approved, the PIA franchise bid could reshape the league’s future. Fans now await the final decision with keen interest.
Meta Description: PIA franchise bid gains traction as PCB reviews strong global interest for two new PSL teams in 2026.
