🏆 PSL Team 8 Owner (PSL Season 11 – 2026)
✅ Owner: Oz Developers — a corporate group owned by Mr. Hamza Majeed
âś… Winning Bid: PKR 1.85 billion
âś… Franchise City: Sialkot (officially confirmed)
This means Oz Developers secured the eighth franchise in the PSL expansion auction, making them the official owners of PSL Team 8 for the league’s historic eight-team format.
đź“Ś Quick Facts
- Team Name (Tentative): Sialkot (final branding to be announced)
- Owner / Group: Oz Developers (Hamza Majeed)
- Auction Date: January 8, 2026 — part of the PSL expansion auction in Islamabad
- Context: This expansion marks the PSL’s move from six to eight teams for the 2026 season, reflecting strong investor interest and growth in Pakistan’s premier T20 league.
The expansion of the Pakistan Super League (PSL) has reached a historic milestone with the introduction of PSL Team 8, adding new energy, investment, and competition to Pakistan’s premier T20 tournament. One of the most talked-about aspects of this expansion is the ownership of PSL Team 8, which reflects the growing commercial strength and global appeal of the league.
Ownership of PSL Team 8
According to reports from the PSL expansion auction, PSL Team 8 has been acquired by Oz Developers, a prominent business group led by Hamza Majeed. The group secured the franchise through a competitive bidding process, underlining strong investor confidence in the future of the Pakistan Super League.
The winning bid for Team 8 was among the highest in PSL history, highlighting how the league has evolved into a major sports and business platform within a relatively short time.
Who Are Oz Developers?
Oz Developers is a well-known name in Pakistan’s business sector, particularly in real estate and large-scale development projects. By entering PSL ownership, the group has expanded its footprint into sports, branding, and entertainment—areas closely linked with modern cricket leagues.
Their involvement is expected to bring:
- Strong financial backing
- Professional franchise management
- Long-term commitment to PSL growth
Significance of PSL Team 8 Ownership
The addition of a new owner like Oz Developers represents more than just a new team. It signals:
- Increased trust in PSL’s governance and profitability
- Greater competition among franchises
- More opportunities for domestic players
- Expanded fan engagement across new regions
With PSL Team 8, the league moves closer to matching other top global T20 leagues in scale and structure.
Expectations from PSL Team 8
Cricket fans are eagerly waiting to see how the new owners shape their team. From selecting a home city and team identity to building a competitive squad through drafts and signings, PSL Team 8 has the opportunity to make an immediate impact.
Industry experts believe the franchise will focus on:
- Youth development
- Strong local representation
- High-profile international players
- Modern branding and fan experience
Conclusion
The ownership of PSL Team 8 by Oz Developers marks a significant chapter in the evolution of the Pakistan Super League. With fresh investment, professional leadership, and ambitious plans, the new franchise is expected to add excitement, competitiveness, and commercial strength to future PSL seasons.
As PSL continues to grow, Team 8’s entry reinforces the league’s position as one of the most successful cricket tournaments in the world.
