The Pakistan Super League (PSL) is preparing for its biggest expansion yet in PSL 11 (2026), with the confirmation that an eighth franchise has been purchased by the OZ Developers Group for PKR 185 million. The deal underlines growing investor confidence in the league as PSL moves toward a larger, more competitive structure.
With this acquisition, PSL will expand from seven to eight teams starting in 2026, a move expected to reshape the tournament’s format, scheduling, and commercial outlook.
Why PSL is expanding again
PSL’s steady rise in viewership, sponsorship value, and international relevance has made expansion a natural next step. Adding an eighth team allows the league to:
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Balance the competition structure
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Increase the number of matches
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Open new regional and commercial markets
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Create more opportunities for local and overseas players
League officials believe the timing is right, especially with broadcast and digital rights showing consistent growth.
OZ Developers Group enters cricket business
The entry of OZ Developers Group marks another major corporate investment in PSL. Known primarily for large-scale development projects, the group’s move into sports ownership reflects a long-term strategy focused on brand visibility, fan engagement, and diversified investment.
Sources close to the matter suggest the group plans to build the franchise around strong management, modern facilities, and a competitive squad from the outset. The PKR 185 million valuation places the new team among the higher-valued PSL franchises, highlighting how league assets have appreciated over time.
What this means for PSL 11 (2026)
From PSL 2026, fans can expect a noticeably expanded league. An eighth team will likely lead to:
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A revised group-stage format
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More match days and prime-time fixtures
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Greater depth in the player draft
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Increased competition for playoff spots
The Pakistan Cricket Board is expected to share official details regarding the new team’s city, branding, and tournament structure closer to the season.
Quick FAQ
Will the new team debut in PSL 11?
Yes, the franchise is set to compete from PSL 11 (2026).
How much did OZ Developers Group pay?
The reported purchase price is PKR 185 million.
With two new franchises confirmed, PSL 11 (2026) is shaping up to be the league’s most ambitious and commercially significant season to date.
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