PCB Extends PSL Team Bidding Deadline Amid Global Interest & Questions

• PCB extended the deadline for bids for two new PSL teams until December 22.
• The extension was due to interest from prospective investors in the US, UK, and Gulf countries.
• The PCB is holding roadshows in New York and previously in London to promote the PSL.
• The reported reserve price for each new team is 130 crores PKR (approximately $470,000 USD).

Why It Matters: PSL's future expansion and financial health are at stake with new team bids.