14 major companies have expressed interest in purchasing two new PSL teams, sources said.
According to details surfaced on Tuesday, a buyer for one new PSL team is likely to be from the United States, sources said. The American businessman’s company is valued at more than $150 million, sources said. Tomorrow is the final date for submission of documents for the bidding of two new PSL teams.
The names of eligible bidders for the new franchises will be announced on December 27, sources said.
The bidding for the new PSL teams will take place through an open auction on January 8.
