Lahore: A major development has come to light in the case of PSL franchise Multan Sultans, PCB has also decided to sell the Multan Sultans team immediately.

According to sources, after the successful bidding of two new teams, PCB officials are now going to prepare the advertisement paperwork for the auction of Multan Sultans and issue a formal advertisement soon.

The PCB is expected to get a huge amount from the sale of Multan Sultans. Earlier, the PCB had announced to run Multan Sultans on its own for one year in the current season.

After the record sale of two franchises in PSL and the interest of foreign investors, it has been agreed to auction Multan Sultans.

Like the bidding of Hyderabad and Sialkot teams in Islamabad, Multan Sultans will also be sold through open bidding in a few days, following the PEPARA rules.

The former owner of Multan Sultans, Ali Tareen, can also participate in the open bidding and become the new owner of Multan Sultans after fulfilling the conditions of the advertisement. Multan Sultans will also be in action with a new owner in PSL season 11.