Pakistan to hold auction for two new teams today as PSL expansion gathers steam

Vendors pack their belongings as they leave Rawalpindi Cricket Stadium following the postponement of the Pakistan Super League (PSL) match after the alleged shooting of a drone outside the stadium in Rawalpindi on May 8, 2025. (AFP/ file)
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Updated 08 January 2026
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Pakistan to hold auction for two new teams today as PSL expansion gathers steam

  • Pakistan will hold the 11th edition of the Pakistan Super League tournament from Mar. 26 to May 3
  • Ten bidders will compete for the ownership of two new Pakistan Super League teams via live auction

ISLAMABAD: The Pakistan Cricket Board (PCB) will hold a live auction for two new teams of the Pakistan Super League (PSL) 11 edition today, Thursday, as the country’s premier T20 cricket league eyes expansion. 

Pakistan will hold the 11th edition of the PSL from Mar. 26 to May 3, with two new franchises set to debut. The PSL is Pakistan’s premier T20 cricket league which features six teams with a mix of local and international players. This year, the board is set to introduce two new teams to the league. 

The PCB held roadshows in New York and London last month to attract investors to buy the new franchises and invited interested parties to bid for the teams. It qualified 10 bidders for the auction, which is set to be held at Islamabad’s Jinnah Convention Center. 

“The bidders include a diverse pool of businesses ranging from areas like agrobusiness, telecommunication, real estate, a software company from the United States and Tech companies from Pakistan and abroad,” the PCB said in a statement on Wednesday. 

The bidders include telco giant Jazz, renewable energy company Inverex, mobile phone brand VGO TEL, real estate group OZ Developers, global fintech company i2c, real estate company Prism Developers, Walee Technologies, Aim Next Inc, FKS and Deharki Sugar Mills. 

PCB said the ceremony will begin at 4:15 p.m. local time and live-streamed on the HBL PSL, PCB official YouTube Channels, Tapmad, Tamasha, Myco and PCB Live (UK Region). 

“Renowned singer Rahat Fateh Ali Khan will also perform at the event following the conclusion of the bidding process,” the board said. 

Bidders will have a chance to pick the names of the teams from a pool of cities shortlisted that includes Faisalabad, Gilgit, Hyderabad, Muzaffarabad, Rawalpindi and Sialkot.


Pakistan says it seized 32 square kilometers inside Afghanistan as border clashes escalate

Updated 28 February 2026
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Pakistan says it seized 32 square kilometers inside Afghanistan as border clashes escalate

  • Security official describes ‘limited tactical action’ in Gudwana after Afghan assaults
  • Islamabad accuses Kabul of sheltering militants as UN, China and Russia urge restraint

ISLAMABAD: Pakistan has seized a 32-square-kilometer area inside Afghanistan following overnight fighting, a security official said on Saturday, as cross-border clashes between the two countries escalated sharply.

A Pakistani security official, speaking on condition of anonymity, said troops carried out a “limited tactical action” in the Gudwana area opposite the Zhob sector along the frontier, capturing Afghan territory after responding to attacks on Pakistani positions.

“On the night of Feb. 26/27, posts opposite the Zhob sector launched anticipated physical attacks on multiple Pakistani positions,” the official said, referring to fighters linked to Afghanistan’s Taliban authorities, whom Islamabad identifies as Tehreek-e-Taliban Afghanistan (TTA).

“In response to aggressive unprovoked fire and physical attacks, Pakistan security forces launched a limited tactical action on the night of Feb. 27/28 in the general area of Gudwana with a view to capture TTA Tahir Post,” he continued, adding that 32 square kilometers of Afghan territory were seized.

The official said special combat teams crossed the border after preparatory bombardment, supported by intelligence, surveillance and reconnaissance assets providing “real-time battlefield awareness.”

He said 24 Afghan Taliban fighters were killed and 37 wounded, with no Pakistani casualties reported.

The claims could not be independently verified, and there was no immediate confirmation from Taliban authorities in Kabul of any territorial loss in the Gudwana area.

The latest clashes erupted after Pakistani airstrikes targeted what Islamabad described as militant hideouts inside Afghanistan over the weekend, triggering retaliatory fire along the frontier and sharply escalating long-running tensions. Islamabad accuses Kabul of sheltering Pakistani Taliban militants responsible for attacks inside Pakistan, an allegation that Afghanistan denies.

Pakistan’s Information Minister Attaullah Tarar said on Saturday evening that 352 Afghan Taliban fighters had been killed and more than 535 wounded since the latest phase of hostilities began.

Tarar said Pakistani strikes had destroyed 130 check posts, 171 tanks and armored vehicles and targeted 41 locations across Afghanistan by air. Those figures could not be independently verified.

The United Nations, as well as China and Russia, have called for restraint.

The United States said Pakistan has the right to defend itself against cross-border militancy.