The Pakistan Cricket Board (PCB) confirmed on Wednesday, October 29, that Habib Bank Limited (HBL) will remain the title sponsor of the Pakistan Super League (PSL) for the next two seasons. With the announcement, the T20 tournament will continue to be known as HBL PSL for at least two more editions.
HBL retained the title sponsorship for the next two seasons with a 505% higher bid, extending the long-standing partnership. The decision was finalized at a meeting of the Pakistan Cricket Board on October 29. HBL remains the only brand to have the PSL title sponsorship since the league’s launch in 2016.
Their valuation is going down – PSL CEO on IPL
PSL CEO Salman Naseer compared the valuations of the Indian Premier League (IPL) and the Pakistan Super League (PSL). He stated that while the overall rating of the IPL is declining, the PSL is growing.
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“If you look at it, their valuation is going down while ours is going up,” the CEO said.
The IPL’s valuation has reportedly fallen by around 8% to around $8.8 billion due to challenges in the media and gaming sectors. In contrast, the PSL’s rating has risen following a significant increase in global viewership.
We sit together and solve them among ourselves – CEO of PSL
Salman Naseer addressed the concerns surrounding Multan Sultans and said that all internal matters within the franchise are resolved collectively and privately. He emphasized that the league and its teams function like a family.
“If there are problems in the family, we sit together and solve them among ourselves.”
Multan Sultans, recently in the spotlight following owner Ali Tareen’s sarcastic apology to the PCB, have now taken a constructive approach by proposing reforms to improve the professionalism and governance of the Pakistan Super League.
In a letter to PCB chairman Mohsin Naqvi, Tareen acknowledged the recent friction between the two parties. He pushed for a more transparent and accountable system.
The franchise presented a four-point plan aimed at incorporating franchise input into PSL committees, adopting structured recruitment for key roles, implementing a professional management model and improving information sharing between the PCB and team owners.
PSL will continue with or without anyone – CEO of PSL
The PSL CEO stated that the progress of Pakistan Super League is unstoppable and does not depend on any individual. He emphasized that the tournament will continue to flourish and grow regardless of who is involved as it continues to reach new milestones every season.
“PSL will continue with or without anyone. The league will not stop because of one person. The league is reaching new heights and no one can stop it.”
The eleventh season of the Pakistan Super League is likely to be moved to April or May 2026 due to the ICC World Cup, and there will be an overlap in the schedule with the Indian Premier League.
In the previous edition, Lahore Qalandars clinched the title after beating Quetta Gladiators in the final. The win was Lahore’s third title, making them the most successful teams in PSL history alongside Islamabad United.
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