PCB might public sale Multan Sultans earlier than PSL11

The Pakistan Cricket Board (PCB) is ready to public sale the Pakistan Tremendous League (PSL) franchise Multan Sultans, buoyed by robust valuations achieved within the current sale of two new groups, sources advised Geo Tremendous on Sunday.
The PCB final month introduced it might take over the Multan Sultans following the expiry of the franchise’s possession settlement on December 31, 2025, after proprietor Ali Tareen determined to step away. The board had initially deliberate to function the franchise for one season earlier than auctioning it in 2027.
If carried out, the interim association was anticipated to save lots of the PCB practically $4 million, because the board wouldn’t need to contribute $3 million from the central income pool or a further $1 million in sponsorship funding. Nonetheless, an audit report highlighted that the PCB would additionally forgo the $8.5 million annual franchise payment in the course of the takeover yr.
In November, Tareen confirmed his departure from Multan Sultans by means of social media. Sources mentioned relations between the PCB and the franchise proprietor had remained strained over the previous yr, finally reaching some extent of no return.
Multan Sultans have been initially awarded because the sixth PSL group to the Schon Group underneath a $5.2 million deal, making it the costliest franchise on the time—practically double the value paid for Karachi Kings, which have been bought for $2.6 million.
The choice to maneuver in direction of an public sale comes after the PCB secured strong valuations within the current sale of two new franchises, Hyderabad and Sialkot, increasing the PSL to eight groups for its upcoming eleventh version.
PCB Chairman Mohsin Naqvi confirmed on December 28 that the board would function Multan Sultans for PSL 11, scheduled to run from March 26 to Might 3, 2026, earlier than initiating the public sale course of.
“Multan Sultans might be operated by the PCB this yr. After the PSL concludes, the franchise might be auctioned,” Naqvi advised reporters, including that an interim administration construction could be appointed shortly.
The PSL, launched in 2016 with 5 groups and expanded to 6 in 2018, continues to develop. At a historic public sale held on the Jinnah Conference Centre, FKS Group and OZ Builders secured the Hyderabad and Sialkot franchises for Rs1.75 billion and Rs1.85 billion, respectively, underlining the league’s rising business worth.