In a development that has sent ripples across the Pakistan Super League (PSL) landscape, Multan Sultans’ current ownership could be removed from the role following the PCB’s latest move.
This comes at a time when the PSL and PCB have completed franchise valuations and circulated key documents to all parties. Current owners now face a choice: agree to the new terms or risk surrendering their teams to new ownership. Multiple franchises confirmed that renewal offers were issued immediately after a key meeting held on Thursday between PSL management and team owners. Every team except Multan Sultans was given the right to extend ownership for another decade.
A Multan Sultans representative told ESPNcricinfo they did not receive any renewal offer, even though they were invited to meetings related to operational planning for PSL 2025. According to them, they were excluded from all financial discussions — a sign that matters were already heading in a different direction.
The relationship between Multan Sultans owner Ali Tareen and the PSL administration has been on thin ice for months. What began as criticism over transparency escalated when Tareen publicly accused the league of poor communication and opaque financial dealings.
The situation worsened when the PSL threatened to blocklist him unless he issued a public apology. Instead, Tareen released a sarcastic video “apology,” mocking the league for pressuring him and ending the video by tearing up the PCB’s notice. That move did not go down well, and the PCB made it clear that their conditions for “compliance” had not been met.
Now, as renewal time has arrived, the consequences appear to have followed.
Franchises that did receive offers now have 10 days to respond. The new valuation system increases annual franchise fees by at least 25 percent, and possibly more, depending on each team’s updated market valuation.
At present, the franchise stands at a crossroads. Without a renewal offer, Multan’s ownership could be heading toward an uncertain and possibly contentious chapter.
