The technical evaluation of the proposals submitted by the bidders for the sale of Multan Sultans has been completed by the PCB bid committee, it was announced by the Pakistan Cricket Board on Monday.

A total of six proposals were received from interested parties within the stipulated deadline.

The PCB bid committee then carried out a thorough and transparent evaluation process.

Out of the six proposals, five bidders have been termed technically qualified, who will now take part in the Auction process of the Multan Sultans.

The date and venue for the auction will be shared in due course.

CEO HBL PSL Salman Naseer said, “ We are delighted to receive such keen interest in the sale of Multan Sultans’ Franchise Rights. The HBL PSL congratulates the technically qualified bidders and appreciates all parties who engaged with us throughout the tender process, with whom we will continue to explore other exciting opportunities.”