Ali Tareen reportedly entered the race to acquire new Pakistan Super League (PSL) franchises.
Tareen Group will compete alongside 11 other companies from Pakistan, the UAE, the United States, Australia, and Canada.
The development comes after Ali Tareen’s exit from Multan Sultans.
The auction is scheduled for January 8 at the Islamabad Convention Centre.
During the PSL auction, the winning bidders will have the right to select their franchise locations from a shortlist of cities, including Rawalpindi, Hyderabad, Faisalabad, Gilgit, Muzaffarabad, and Sialkot.
Ali Tareen vs PCB
Ali Tareen has publicly criticised PSL management.
“I’d rather lose the team than run it on my knees, but stand tall with my head held high. This is goodbye,” Tareen stated on social media, also notifying officials via email. Reports suggest the board requested an unconditional apology and the removal of his posts, which he declined.
Under league rules, current franchise owners cannot bid for new teams. However, once Tareen officially exits on December 31, he will become eligible to participate.
The 11th edition of the PSL is scheduled to run from March 26 to May 3, 2026, overlapping with the Indian Premier League, in the April-May window aimed at improving overseas player availability.
The tournament will feature a revised format to accommodate the eight teams within 39 days, with matches potentially spread across additional venues, including Faisalabad.
