HBL PSL New Teams Auction to take place on Thursday 8 January 2026 in Islamabad: The PSL New Teams 2026 auction for two new teams in the HBL Pakistan Super League (PSL) is set to take place on Thursday, 8 January, at the Jinnah Convention Centre, Islamabad. This historic event marks a major milestone as the PSL officially expands from six to eight teams ahead of its 11th season (PSL 2026).
The ceremony will begin at 4:15 PM and will be live-streamed on the HBL PSL and PCB official YouTube channels, as well as Tapmad, Tamasha, Myco, and PCB Live (UK region), allowing fans across the globe to witness the landmark auction.
HBL PSL 2026 New Teams Auction Held On Today January 8 at Jinnah Convention Centre Live
PSL 2026 expansion takes a historic turn as two new teams will be auctioned on January 8 at the Jinnah Convention Centre, Islamabad, with PCB confirming 10 qualified bidders as HBL PSL expands to 8 teams.
PSL 2026 New Teams Auction Ceremony Details
- Event: HBL PSL New Teams Franchise Auction
- Date: Thursday, 8 January 2026
- Time: 4:15 PM (PST)
- Venue: Jinnah Convention Centre, Islamabad
- Live Streaming Platforms HBL PSL 2026 New Teams Auction:
- HBL PSL YouTube
- PCB Official YouTube
- Tapmad, Tamasha, Myco
- PCB Live (UK Region)
Renowned Pakistani singer Rahat Fateh Ali Khan will perform at the event following the conclusion of the bidding process, adding entertainment to this high-profile occasion.
HBL PSL 2026 new teams auction is live today in Islamabad as the league expands from 6 to 8 teams. Fans can watch the historic event at the Jinnah Convention Centre.
Special Felicitation Before PSL Auction
Prior to the start of the bidding, the Pakistan Shaheens squad, winners of the Men’s Rising Stars Asia Cup 2025 in Doha, and the Hong Kong Super Sixes-winning team will be felicitated for their outstanding achievements on the international stage.
PSL 2026 Expansion: From 6 to 8 Teams
With the addition of two new franchises, the HBL PSL 2026 will feature 8 teams for the first time in league history. The PSL 2026 season is scheduled to take place between:
- PSL 2026 Start Date: 26 March 2026
- PSL 2026 Final Date: 3 May 2026
This expansion aims to broaden the league’s footprint, introduce new fan bases, and further strengthen Pakistan’s premier T20 competition.
Cities Shortlisted For PSL 2026 New Teams
The following cities have been shortlisted for potential franchise allocation:
- Faisalabad
- Gilgit
- Hyderabad
- Muzaffarabad
- Rawalpindi
- Sialkot
Two of these cities will officially become home to new PSL franchises and join the league’s elite lineup.
Existing PSL Teams (Before Expansion)
The new teams will join the current PSL franchises:
- Lahore Qalandars – Champions (2022, 2023, 2025)
- Islamabad United – Champions (2016, 2018, 2024)
- Peshawar Zalmi – Champions (2017)
- Quetta Gladiators – Champions (2019)
- Karachi Kings – Champions (2020)
- Multan Sultans – Champions (2021)
Technically Qualified Bidders For PSL New Teams 2026
Following highly successful PSL roadshows in London and New York in December 2025, 12 parties submitted bids. After technical evaluation, 10 bidders have been approved to compete in the open auction:
- Aim Next Inc – Mr. Umar Mushtaq & Mr. Ali Mushtaq
- Deharki Sugar Mills – Mr. Makhdoom Syed Ali Mahmud
- FKS – Mr. Fawad Sarwar
- Inverex – Mr. Muhammad Zakir Ali
- i2c – Mr. Amir Wain
- Jazz – Mr. Amir Ibrahim
- OZ Developers – Mr. Hamza Majeed
- Prism Developers – CEO Mr. Masood Alvi
- VGO TEL – Mr. Naveed Gaba
- Walee Technologies – Mr. Ahsan Tahir
These bidders represent a diverse mix of industries, including agrobusiness, telecommunications, real estate, technology, and international software companies.
HBL PSL 2026: Islamabad to Host Two New Team Auctions
- PSL 2026 two new teams names will be announced after the auction
- PSL 2026 8 teams lineup will be finalized
- Franchise branding, squad formation, and PSL 2026 new teams players list will follow in upcoming drafts
- Full PSL new teams 2026 schedule to be announced by PCB
Two New PSL Teams to Be Decided in January Auction
The HBL PSL New Teams Auction in Islamabad represents a defining moment for Pakistan cricket. With new cities, new owners, and expanded competition, PSL 2026 is set to become the biggest and most exciting season in league history.
Historic PSL 2026 Auction: League Grows to 8 Teams
Cricket fans nationwide eagerly await the announcement of the two new PSL teams and the next chapter of the Pakistan Super League.
