Hyderabad Joins HBL PSL as Seventh Franchise Ahead of Season 11 2026
The landscape of Pakistan cricket has officially shifted. In a high-stakes auction held at the Jinnah Convention Centre in Islamabad today, the Pakistan Super League (PSL) confirmed its first-ever expansion, welcoming Hyderabad as the seventh franchise.
This historic move, occurring just ahead of PSL 11 (2026), marks the transition of the league from a six-team tournament to an eight-team powerhouse. The Hyderabad franchise was successfully acquired by the FKS Group, led by Fawad Sarwar, in a bidding war that signals a “New Era” for the league's commercial value.
A Landmark Expansion for PSL 11
For the first time since 2018 (when Multan Sultans joined), the PCB has opened its doors to new owners. While 10 technically qualified bidders—including giants like Jazz, Inverex, and i2c—vied for the rights, the FKS Group secured Hyderabad as their home city from a PCB-approved shortlist.
Key Highlights of the Deal:
- Franchise Owner: FKS Group (Fawad Sarwar).
- Expansion Status: One of two new teams joining for 2026.
- New Financial Model: All transactions are now conducted in Pakistani Rupees (PKR) to ensure long-term stability for owners against currency fluctuations.
- Tournament Window: PSL 11 is scheduled to run from March 26 to May 3, 2026.
Why Hyderabad is the Perfect Addition
The choice of Hyderabad brings a massive, underserved cricket market into the PSL fold. Known for its passionate fans and the historic Niaz Stadium, Hyderabad offers:
- A Natural Rivalry: The “Sindh Derby” between Karachi Kings and the new Hyderabad team is expected to become one of the league's most-watched fixtures.
- Infrastructure Investment: The addition of a franchise is likely to fast-track the renovation of local stadiums to meet international standards.
- Youth Development: FKS Group has signaled a commitment to grassroots programs across interior Sindh to scout the next generation of fast-bowling talent.
What Fans Can Expect in 2026
With the addition of two new teams (expanding the league to 8 franchises total), the format of the HBL PSL is set for a major overhaul:
| Feature | Change in PSL 11 (2026) |
| Total Teams | 8 Teams (Previously 6) |
| Total Matches | Increase from 34 to 44+ matches |
| Draft System | Potential shift toward a Player Auction (Under Review) |
| Host Cities | New venues like Faisalabad and Rawalpindi to host more games |
Note: The expansion is strategically timed to avoid a direct clash with the 2026 ICC Men's T20 World Cup, ensuring that the world's top international stars are available for the full season.
The Road Ahead: Branding and Draft
Following today's successful auction, the FKS Group will soon unveil the official name, logo, and colors of the Hyderabad franchise. Fans are already speculating on names like “Hyderabad Lions” or “Hyderabad Falcons,” but an official announcement is expected later this month.
The PCB has also confirmed that the PSL 11 Player Draft (or potentially the first-ever PSL Auction) will feature a larger talent pool to accommodate the rosters of the two new teams.
Quick FAQ
Who bought the Hyderabad PSL team?
The Hyderabad franchise was acquired by the FKS Group during the open auction held on January 8, 2026.
When does PSL 11 start?
The 2026 season is scheduled to begin on March 26 and conclude with the grand final on May 3, 2026.
Will there be an 8th team?
Yes. The PCB auction today was for two new franchises, expanding the league from six to eight teams total for the 2026 season.