Home SportsHamza Majeed’s OZ Developers Win Ownership of PSL’s 8th Team Sialkot

Hamza Majeed’s OZ Developers Win Ownership of PSL’s 8th Team Sialkot

by Mahnoor Arif

The Pakistan Super League has officially welcomed its eighth team, with OZ Developers, led by businessman Hamza Majeed, securing ownership of the Sialkot franchise in a landmark deal worth Rs. 185 crore. The successful bid highlights the growing commercial strength of the PSL and increasing interest from major business groups in Pakistan’s top cricket league.

Sialkot’s inclusion is being widely celebrated, as the city holds a special place in Pakistan’s cricket history. Known around the world for manufacturing cricket bats, balls, and sports equipment, Sialkot has supported the game for decades. Many fans believe the city’s entry into the PSL is a natural and well deserved step.

Hamza Majeed, CEO of OZ Developers, expressed pride in bringing a PSL team to Sialkot. He said the franchise aims to represent the hardworking spirit of the city while providing a platform for young talent. According to him, the team will focus on strong management, youth development, and building a loyal fan base from day one.

PSL officials have welcomed OZ Developers, calling the deal a positive sign for the league’s future. They noted that franchise values have steadily increased, showing confidence in the league’s structure, audience reach, and long term potential. The Rs. 185 crore bid is among the highest in PSL expansion history.

Local cricket fans have responded with excitement, hoping the new team will give regional players more chances to shine at the national level. The franchise is also expected to invest in training facilities and community cricket programs.

Details about the team’s name, colors, and home ground will be announced soon, as preparations begin for Sialkot’s debut in the upcoming PSL season.

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