The Pakistan Cricket Board (PCB) has revealed the third certified bidder for the upcoming public sale of two new Pakistan Tremendous League (PSL) groups, forward of the league’s eleventh version.
The cricket board made the announcement by way of its official social media handles on Monday, sharing a submit that learn: “The joy is constructing. VGO TEL Cell confirmed as Bidder [No.3] for the HBL PSL Groups Public sale.”
The public sale is scheduled for Thursday on the Jinnah Conference Centre in Islamabad, with the event set to run from March 26 to Could 3.
Earlier right this moment, the PCB additionally confirmed the primary and two bidders for the public sale, igniting hype across the historic occasion.
The PSL is increasing from six to eight groups because the PCB completes technical evaluations of proposals submitted by teams.
Among the many confirmed bidders is the Tareen Group, led by businessman Ali Khan Tareen, who beforehand owned the Multan Sultans.
Tareen acquired the franchise in 2018 and turned it into one of many PSL’s most constant performers, profitable the title in 2021 and reaching a number of finals.
Nonetheless, relations between Tareen and the PCB deteriorated over renewal phrases and governance points.
He was the one proprietor not supplied a 10-year extension, and the dispute escalated after the PCB issued a authorized discover citing alleged contract breaches.
Tareen introduced his exit in late 2025, which grew to become efficient on the finish of the yr, making him eligible to bid for one of many new franchises.
Different bidders embrace Karachi-based VGO TEL, led by CEO Naveed Gaba, which has formally joined the race.
Profitable bidders will later have the chance to pick a house metropolis from the PCB-approved record, which incorporates Faisalabad, Rawalpindi, Hyderabad, Sialkot, Muzaffarabad and Gilgit.
