Bids for three Pakistan Football League franchises secured

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The franchise owners will be unveiled next mont

SAMAA |
Mir Shabbar – Posted: Sep 20, 2021 | Last Updated: 2 hours ago

Posted: Sep 20, 2021 | Last Updated: 2 hours ago



The
Pakistan Football League has secured bids for three of its six franchises in
the pre-auction stage, its organisers Global Soccer Ventures announced Monday.

GSV
said ‘high’ bids were made for the Karachi, Islamabad and Peshawar franchises
and were locked at a preferential rate set by them.

While
bids have been received for the other three franchises as well, the bidders for
Karachi, Islamabad and Peshawar have an edge.

According
to a GSV press release, “the successful bidders are being tied up with
Europe’s elite football clubs to create the technical football
partnerships.”

However,
this will be preceded by the scrutiny of the bidders which will evaluate them
against GSV’s criteria for eligible franchise owners.

GSV
claimed it saw the tender notice close to an overwhelming response on its
September 10 deadline day.

“The
bids were not only from within Pakistan but also internationally from Spain, UK
and UAE,” it said.  

With
early bidders secured, GSV said, the playing field is now open to anyone
looking to secure a city franchise in remaining cities in the open market.

“It
was a huge surprise to witness so many submissions from groups nationally and
internationally eager to take a slice of The PFL team,” GSV CEO Zabe Khan
was quoted as saying in the press release.

“It
clearly demonstrates the demand for the right product, and if one has created a
commercially sustainable football enterprise, people will see business and
marketing value in it.”

With the bid opened from September 17, the owners are expected to be unveiled next month.

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Pakistan Football League, PFL, PFL franchises, pre-auction PFL, Pakistan Football, Football league, GSV, Global Soccer Ventures

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