The Pakistan Tremendous League (PSL) governing council’s working committee held a late-night assembly to debate key issues for the upcoming season, together with the participant public sale and retention insurance policies, sources instructed Geo Information on Sunday.
Based on insiders, the committee agreed to introduce a participant public sale for PSL 11 and likewise finalised the foundations for participant retention.
The committee’s selections might be despatched to PCB chairman Mohsin Naqvi for closing approval, with the choice of convening a full governing council assembly if required.
Sources revealed that the defending champions Lahore Qalandars, together with Quetta Gladiators, Islamabad United, Karachi Kings and Hyderabad, voted in favour of the participant public sale mannequin.
Peshawar Zalmi and the Sialkot franchise additionally voted in favour of the ‘drauction’ system, sources mentioned.
It was additionally confirmed that the 5 present franchises agreed on retaining 4 gamers every, one in every class, with one participant eligible to be introduced right into a decrease class and designated as a model ambassador, sources mentioned.
The brand new franchises, in the meantime, will choose their remaining gamers from the overall participant pool via the public sale system. Two new franchises, nonetheless, insisted on zero retention.
“The remaining gamers might be auctioned, and franchises will choose their gamers within the public sale,” sources mentioned.
The ultimate formulation for the PSL 11 public sale and retention guidelines might be submitted to Mohsin Naqvi, with an official announcement anticipated throughout the subsequent one or two days.
Earlier, Naqvi suggested franchise house owners to extend the gamers’ wage cap because the marquee league enters a brand new period with the addition of two new groups.
Highlighting the rise in franchise market worth, he inspired groups to undertake the public sale mannequin.
“Conduct an public sale of gamers within the PSL 11 draft and choose gamers of your selection — they are going to profit from it,” Naqvi instructed franchise house owners throughout the assembly.
PSL 11 is about to start on March 26, marking a big milestone because the league expands from six to eight groups with the inclusion of recent franchises from Sialkot and Hyderabad.
The historic PSL 2026 public sale, held on the Jinnah Conference Centre on January 8 this yr, noticed FKS Group and OZ Builders safe possession of the brand new franchises for Rs 1.75 billion and Rs 1.85 billion, respectively.
