The Multan franchise auction was scheduled for 9 February 2026 in Lahore. It has since taken place: Walee Technologies won the rights with a PKR 245 crore bid, against a PKR 182 crore base price. The later return of the Multan Sultans name was a separate development.
When was the Multan franchise auction?
On 4 February 2026, Express News reported that the auction would be held on 9 February in Lahore. The PCB’s 2 February update had not yet announced a date; it said the date and venue would follow. Express News reported the scheduled date, while the official HBL PSL evaluation release recorded the earlier status.
Who bought the franchise, and for how much?
Walee Technologies won the auction on 9 February at the Expo Centre in Lahore, bidding PKR 245 crore. HBL PSL reported a base price of PKR 182 crore and said five qualified bidders participated. The league described the winning bid as the highest figure among the eight HBL PSL franchises at that time; PKR 245 crore is the reported auction bid, not an independently assessed market valuation. HBL PSL’s auction report has the result and figures.
How many bidders qualified?
The PCB said on 2 February that it had received six proposals, of which five passed technical evaluation. HBL PSL’s report after the auction said five qualified bidders participated. These are separate stages: the first figure concerns proposals received and qualification; the second concerns participation in the auction.
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- IT'S A LIGHT STRATEGY GAME WITH A TOUCH OF LUCK. Players take on the role of one of eight cricket teams competing in a championship. In each round, players bat and bowl one over using six dice. As the game progresses, players gain experience, allowing them to enhance their skills. The game lasts for five rounds (45-60 minutes) and offers four different ways to earn winning points.
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Why did the Multan Sultans name return later?
The March 2026 return of the Multan Sultans name was not the same transaction as Walee Technologies’ February auction win. On 3 March, HBL PSL announced that the Sialkot Stallionz franchise had been renamed Multan Sultans after a separate acquisition by OZ Developers, a strategic partnership with CD Ventures, and a name-change request accepted by the PCB. The league’s March announcement describes that later change.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What the auction figures do—and do not—show
The winning bid exceeded the stated base price, and the league called it a record among the eight franchises at that time. Those facts describe the auction outcome; they do not establish an independently verified franchise valuation or quantify the transaction’s commercial impact. PCB chairman Mohsin Naqvi characterized the process as “fair and transparent” in the official auction release. That is his attributed assessment, not an independent audit finding.
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