Lahore, 24 November 2025: The franchise rights for the most valuable team of the HBL Pakistan Super League, Lahore Qalandars, will stay with the current franchisee for the next decade after they renewed their franchise agreement on Monday.
The owners of the three-time and current champion side were one of the first franchises to extend their agreement at the market value determined by Ersnt&Young - one of the most credible and respected audit firms around the world, after a comprehensive assessment.
This renewal underscores the trust that stakeholders across the board have in the brand value of the HBL PSL, which will grow to eight teams from the 11th edition next year.
PCB Chairman Mohsin Naqvi: "It gives me immense pleasure that Lahore Qalandars will continue to stay with its current owners. Atif Rana and Sameen Rana have worked extremely hard to turn this franchise into a household name across Pakistan and a reputable brand around the world. Their decision is a testament of confidence in the power and pull of the HBL PSL.
"Lahore Qalandars have consistently contributed to the development and promotion of the HBL PSL and cricket at large across the country.
"The PCB looks forward to sustaining this partnership and advancing our shared objectives for the growth of the game."
PSL Chief Executive Officer Salman Naseer: "The Qalandars’ passion, energy and belief in the HBL PSL have been instrumental in shaping the league’s spirit and inspiring millions of fans and we are thrilled that we are going to continue working with Atif Rana and Sameen Rana over the next 10 years.
"Their commitment to nurturing talent and elevating Pakistan cricket is commendable. We’re excited to continue this incredible journey together and to create an even brighter, bolder future for the HBL PSL."
Lahore Qalandars have won three titles in the last four years under the captaincy of Shaheen Shah Afridi, the current captain of Pakistan men's ODI side.
