The auction ceremony for two new Pakistan Super League (PSL) teams has started.
According to reports, the auction process for joining two new teams in the Pakistan Super League is taking place at the Jinnah Convention Center in Islamabad.
An offer of Rs 155 crore was made for the seventh PSL team after which a 5-minute break was given to the parties for deliberation.
At the beginning of the ceremony, PCB Chairman Mohsin Naqvi awarded a prize of 9 billion rupees to the winning team of the Rising Star Asia Cup.
The winning Hong Kong Sixes team was awarded a prize of Rs.
It is worth remembering that after Ali Tarin, the former owner of Multan Sultans, withdrew from the auction, now there will be a competition between 9 parties.
The two winning parties will be able to choose team names from Rawalpindi, Hyderabad, Faisalabad, Gilgit, Muzaffarabad and Sialkot.
