Pakistan Super League’s (PSL) sixth team was announced on Thursday as Schon Group purchased Multan franchise for PSL 2017.
In an announcement on Twitter, HBL PSL congratulated Schon Group on meeting the reserve price of $5.2 m per year for the 6th team.
On April 29, the PCB had shortlisted five regions for the sixth Pakistan Super League (PSL) 2018 franchise.
The cricket board had invited parties to bid for five regions namely Hyderabad, Dera Murad Jamali, FATA, Faisalabad and Multan.
Currently, the PSL consists of five teams, Islamabad United, Karachi Kings, Lahore Qalandars, Quetta Gladiators and Peshawar Zalmi.
