The Lahore Qalandars has announced the squad for the PSL XI by re-acquired key match-winning players like Fakhar Zaman and Haris Rauf, ensuring their core remains intact for the upcoming season Pakistan Super League 2026.
Lahore Qalandars Squad 2026 [Updated]
Shaheen Afridi (c), Sikandar Raza, Mustafizur Rahman, Rubin Hermann, Dunith Wellalage, Daniel Sams, Gudakesh Motie, Fakhar Zaman, Abdullah Shafique, Hussain Emon Parvez, Mohammad Naeem, Asif Ali, Haris Rauf, Usama Mir, Ubaid Shah, Haseebullah, Mohammad Farooq, Hussain Talat, Tayyab Tahir, Maaz Khan, Shahab Khan.
Lahore Qalandars PSL 2026 Auction
Lahore entered the auction with a remaining purse of PKR 31.36 crore. Their primary goal was clear: bring back the fan favourites who were released. They engaged in a high-stakes bidding war with Peshawar Zalmi to secure Fakhar Zaman for PKR 7.95 crore, making him one of the most expensive players of the event.
Similarly, they spent PKR 7.6 crore to ensure Haris Rauf returned to the Qalandars’ squad. The team also focused on youth by picking up emerging fast bowler Ubaid Shah for PKR 2.7 crore.
| Player Name | Category/Type & Price (PKR) |
| Shaheen Shah Afridi (Local) | Platinum Retained – 7.00 Crore |
| Fakhar Zaman (Local) | Auction (Platinum) – 7.95 Crore |
| Haris Rauf (Local) | Auction (Platinum) – 7.60 Crore |
| Mustafizur Rahman (Foreign) | Direct Signing – 6.44 Crore |
| Usama Mir (Local) | Auction – 3.50 Crore |
| Sikandar Raza (Foreign) | Gold Retained – 2.80 Crore |
| Ubaid Shah (Local) | Auction – 2.70 Crore |
| Abdullah Shafique (Local) | Diamond Retained – 2.20 Crore |
| Haseebullah Khan (Local) | Auction – 1.10 Crore |
| Gudakesh Motie (Foreign) | Auction – 1.10 Crore |
| Hussain Talat (Local) | Auction – 77.5 Lakh |
| Dasun Shanaka (Foreign) | Auction – 75 Lakh |
| Mohammad Naeem (Local) | Silver Retained – 70 Lakh |
| Asif Ali (Local) | Auction – 60 Lakh |
| Tayyab Tahir (Local) | Auction – 60 Lakh |
| Mohammad Farooq (Local) | Auction – 60 Lakh |
| Parvez Hossain Emon (Foreign) | Auction – 60 Lakh |
Here’s a detailed overview about the Lahore Qalandars all seasons squad and players list:
About Lahore Qalandars Team
The Lahore Qalandars is an iconic brand in the PSL, representing the ancient city of Lahore with Gaddafi Stadium as the home ground. Despite a rough first half of the season, the Qalandars turned things around to establish themselves as one of the most successful franchises in PSL’s brief history, developing one of the biggest comebacks in modern T20 cricket.
Lahore Qalandars are owned by Qatar Lubricants Company Limited (QALCO) and have developed a unique brand that focuses on youth development, an aggressive style of play, and strong relationships with their fans.
LQ wins their first PSL title by beating Multan Sultans in the 2022 Final. In 2023, they successfully defended their championship and became one of the few franchises to win consecutive PSL Championships. Also, by wining the PSL 2025 final against Quetta Gladiators Lahore Qalandars becomes the first team to clinch three titles to its name.
Strong Debut in PSL
Lahore Qalandars debuted in the PSL’s first season in 2016, while it was formed in December 2015. The owners bought the franchise for US$25.1 million over 10 years. That whopping amount made them the second-most expensive team at launch.
Early years brought challenges. They finished last in 2016, 2017, 2018, and 2019. But they bounced back. In 2020, they reached the playoffs and became runners-up. Their hard work paid off with PSL wins in 2022, 2023, and 2025. Today, they have a 42.55% win-rate across 94 matches.
Current Owners
The Rana brothers own the Lahore Qalandars. Atif Rana serves as owner and CEO. His brother, Sameen Rana, also plays a key role. They run the team through Qatar Lubricants Company (QALCO). Fawad Rana founded this vision.
The Rana brothers invested heavily to build a strong brand. The owners focus on player development. They launched the Player Development Program (PDP) in 2016. The “Jazz Rising Stars” initiative hunts for talent across Pakistan that produced stars like Shaheen Afridi.
Previous Owners
Since its debut, Kausar Rana Resources Private Limited owned the team, having secured it for US$25.1 million in 2015. The company is tied to the Rana family. No major ownership changes have occurred since then. In November 2025, they renewed rights for 2026–2035.
The Rana Family paid Rs. 670 million annually, which is the highest in PSL history. Ernst & Young evaluated the recent deal that shows the team’s growing value.
Read More: PSL All-Time Winners List
Management Team
Atif Rana leads as CEO while Arslan Ahmed manages daily operations. Russell Domingo manages heads coaching. In addition, Amjad Ali handles batting, while Kashif Raza focuses on bowling coaching. Shehzad Butt is the fielding coach. Whereas, Timroy Allen teaches power-hitting and Hiten Maisuria serves as a physiotherapist.
Waseef Khalid Khan analyzes data and manages performance while Farooq Anwar assists as team manager, with Rehan Ashraf Chohan as masseur. This skilled group builds winning strategies as they emphasize fitness, skills, and teamwork.
Net Worth
Lahore Qalandars boast a franchise value of about PKR 870–980 million (around US$3.1–3.5 million). In 2025, their annual fee rose to Rs. 670 million – a 55% increase. PSL franchises also earn from the central pool.