The Pakistan Cricket Board (PCB) has set the base price for Multan Sultans at Rs. 182 crore ahead of the franchise auction, marking one of the most significant valuation points in the Pakistan Super League (PSL) ahead of its 11th edition.
According to details shared by the PCB, the auction will follow a structured bidding process, with all bids required to be quoted in Pakistani rupees.
The minimum incremental bid over the base price has been fixed at Rs. 1 crore, and no bid below this increment will be accepted. Bidders, however, will be allowed to raise their offers beyond the minimum increment without any upper limit.
Under the auction rules, each bidder will be entitled to a single strategic timeout of up to five minutes during the bidding process.
During this period, bidders may consult with their representatives but will not be allowed to communicate with rival bidders. A bidding round will be declared closed if the highest bid is not surpassed after a final call by the auctioneer, following which the highest valid offer above the base price will be provisionally declared the winning bid.
Several high-profile entities have qualified to participate in the auction process. Among them is Walee Technologies, led by Group CEO Muhammad Ahsan Tahir. The company recently secured the International Media Rights for PSL 11, further strengthening its footprint within the league’s commercial ecosystem.
Another notable bidder is Deharki Sugar Mills (DSM), represented by Ali Khan Tareen, who previously owned Multan Sultans and is a key figure within the JDW Group. His return to the bidding process has generated considerable interest, given his prior association with the franchise.
CD Ventures, headed by Founder and CEO Afnan Sharief, has also entered the race. Sharief is known for leading Codistan Ventures and the Ranchers Cafe chain, making his group one of the diversified bidders in the auction.
Meanwhile, Aim Next Inc., represented by Umar Mushtaq, qualified as the second bidder, while Particle Igniter, bidding in consortium with Tweaker Energy, has also been cleared to participate. Particle Igniter is led by Founder and CEO Zach Supalla, while Tweaker Energy is headed by Hafeez Khan.
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