New franchises Sialkot and Hyderabad bought for $12.75 million at PSL auction

ISLAMABAD (AP) — A real estate consortium and a U.S.-based aviation and healthcare conglomerate won the bids for two new Twenty20 franchises in the Pakistan Super League for $12.75 million on Thursday. OZ Developers named Sialkot as its new franchise which it won at auction for rupees 1.85 billion...

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