The seventh Pakistan Super League team was purchased by FKS for 175 crore rupees, while the eighth team was bought by OZ Developers for 185 crore rupees. The teams will be named Hyderabad and Sialkot respectively.
Australian Pakistani citizen Hamza Majeed’s OZ Developers acquired the most expensive team for 185 crore rupees, which will participate in the event under the name Sialkot.
American Pakistani citizen Fawad Sarwar’s group FKS bought the seventh PSL team for 175 crore rupees, which will take the field as Hyderabad.
With the addition of the Hyderabad and Sialkot franchises, the Pakistan Super League Season Eleven will now feature eight teams in action. The PSL will begin on March 26.
The seventh and eighth PSL teams were sold for a combined total of 3.6 billion rupees.
At the ceremony, awards were first presented to the Pakistan Shaheens teams that won the Hong Kong Super Sixes and the AFC Asia Cup.
