Hyderabad (PSL team)

Hyderabad

حیدرآباد
League	Pakistan Super League
Personnel
Owner	FKS consortium
Team information
City	Hyderabad, Pakistan
Founded	2026;0 years ago (2026)
Home ground	Niaz Stadium, Hyderabad [1]
Capacity	15,000 [2]

Hyderabad is a franchise cricket team that will compete in the Pakistan Super League (PSL). The franchise was established following the expansion of the league from six to eight teams for the 2026 season. The franchise rights were sold to FKS consortium for PKR 17.5 billion (approximately USD 62 million) at an auction held by the Pakistan Cricket Board (PCB) on 8 January 2026 in Islamabad. ^{[3] [4]}

The Hyderabad franchise will make its debut in PSL 11, scheduled to be played from 23 March to 3 May 2026, marking the first season in league history to feature eight teams. ^[5]

History

In December 2025, the PCB formally announced the expansion of the Pakistan Super League by adding two new franchises for the 2026 season. The board initiated a bidding process and carried out a technical evaluation, resulting in ten bidders qualifying for participation in the franchise auction. ^[6]

The auction was held on 8 January 2026. Hyderabad and Sialkot were officially confirmed as the two new franchise cities. ^{[3] [7]}

FKS consortium secured the Hyderabad franchise with a successful bid of PKR 1.75 billion per year. Fawad Sarwar was the principal figure behind the FKS consortium. Following the acquisition, the owners stated that the team name and branding would be finalised after consultations. ^{[8] [9]}

Team identity

The franchise is owned by FKS, which also owns the Chicago Kingsmen, a team competing in Minor League Cricket in the United States. ^[10]

Following the successful bid for the Hyderabad franchise, FKS owner Fawad Sarwar stated that the team name has already been finalised and will be disclosed at a separate ceremony at a later date. ^[11]

References

1. "Another PSL Team Stadium Set for Major Upgrade".. ProPakistani. 2026-01-09. Retrieved 2026-01-10.
2. "Niaz Stadium, Hyderabad".. Cricinfo. Retrieved 2026-01-10.
3. "Hyderabad and Sialkot join PSL as two newest teams". ESPNcricinfo. 8 January 2026.
4. "Live auction for two new PSL teams underway in Islamabad". Geo Super. 8 January 2026.
5. "Official: New PSL teams will be from these two cities". ProPakistani. 8 January 2026.
6. "PCB extends bid deadline for new PSL franchises amid international interest". Dawn. 13 December 2025.
7. "PSL expands to eight teams as Hyderabad, Sialkot franchises sold". Dawn. 9 January 2026.
8. "Fawad Sarwar new owner of Hyderabad PSL franchise". 24 News HD. 8 January 2026.
9. "PSL expansion attracts strong corporate interest". Arab News Pakistan. 9 January 2026.
10. "PSL expansion attracts strong corporate interest". Arab News Pakistan. 9 January 2026.
11. "New owners tease franchise name for PSL team from Hyderabad". ProPakistani. 8 January 2026.