KEY POINTS
- Islamabad United, Peshawar Zalmi, Quetta Gladiators, Karachi Kings, Lahore Qalandars have renewed their PSL franchise agreements.
- PCB Chairman said the renewals reflect strong confidence in the PSL’s commercial growth and professional standards.
- PSL CEO Salman Naseer praised the franchises for shaping the league’s identity.
- The PSL will shift to an eight-team format next year.
LAHORE, Pakistan: Islamabad United, Peshawar Zalmi, Quetta Gladiators, Karachi Kings and Lahore Qalandars have officially renewed their Pakistan Super League (PSL) franchise agreements for the next ten years, securing their presence in the tournament for the coming decade.
The renewals follow market valuations set by EY MENA, highlighting the league’s commercial growth and long-term stability.
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PCB Chairman Mohsin Naqvi welcomed the development, commending Islamabad United, Karachi Kings, Peshawar Zalmi, Lahore Qalandars, Quetta Gladiators for consistently upholding high professional standards.
He said the renewed commitments reflect strong domestic and international confidence in the PSL and its expanding footprint.
PSL CEO Salman Naseer added that these teams have played a defining role in shaping the league’s identity.
Their decade-long renewal, he said, will help sustain the PSL’s growth trajectory and support new opportunities for development.
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Peshawar Zalmi, widely regarded as one of Pakistan’s most popular franchises under the leadership of Javed Afridi, will continue with its existing ownership.
Quetta Gladiators’ owner, Nadeem Omar, was also praised for his dedicated contributions since the league’s inception. Both teams remain integral to the PSL’s structure in the next decade.
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Lahore Qalandars and Karachi Kings have also extended their franchise agreements for another ten years.
Karachi Kings, the 2020 PSL champions, and Lahore Qalandars have been instrumental in enhancing the league’s competitiveness and fan engagement, setting the tone for recent renewals.
Meanwhile, Ali Tareen has announced he is stepping down as owner of the Multan Sultans, marking an emotional end to his tenure with the Pakistan Super League franchise.
In a heartfelt post on X (formerly Twitter), Tareen thanked supporters, calling his association with the team “one of the greatest honours” of his life. He expressed pride in representing South Punjab, a cause close to his late uncle Alamgir Tareen.
To all Multan Sultans fans,
Being part of this team has been one of the greatest honours of my life. I love the fans, I love this team, and I absolutely love being able to represent South Punjab. Something my late uncle Alamgir Tareen was especially proud of.
Every season, I…
— Ali Khan Tareen (@aliktareen) November 25, 2025
Tareen reflected on the values he promoted within the franchise, hard work, dedication, and respect for fans, saying supporters could “forgive a loss, but never a lack of effort,” a principle that guided the Sultans’ culture on and off the field.
He noted that despite financial challenges, he never considered stepping away earlier. “The Sultans have always meant more to me than mere numbers,” he said, adding he preferred to stand by his principles even if it meant losing the team.
Tareen assured fans he will continue supporting Multan Sultans from the stands and urged them to back the incoming leadership as the franchise transitions to new management.
The PSL is preparing for a major expansion, with its 11th edition moving to an eight-team format next year. With six franchises already confirmed, the PCB has invited tenders for the remaining two teams, with final announcements expected on January 6, 2026.
