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Multan Sultans Only PSL Franchise Yet to Receive Ownership Renewal Offer

Tanish Bansal
· 4 min read

Multan Sultans Left Out of PSL Ownership Renewal Offer

In a surprising development ahead of the Pakistan Super League’s (PSL) upcoming expansion, Multan Sultans owner Ali Tareen has confirmed that his franchise did not receive the renewal offer that was sent to the other compliant teams. The Pakistan Cricket Board (PCB) stated that renewal offers and new franchise fees were dispatched to “all compliant PSL franchises,” yet a Sultans representative told ESPNcricinfo that their team was not among the recipients.

Background of the Renewal Process

The PSL management recently held a meeting with franchise owners, including Tareen, to discuss the upcoming ten‑year renewal cycle. According to multiple franchise sources, each of the other five existing teams was presented with a chance to extend ownership for another decade. The renewal would come with a higher annual fee – at least a 25% increase over the current rates, potentially calculated on the new valuation of each franchise.

Renewal Offers Sent to Other Franchises

Following the owners’ meeting, the PCB confirmed that renewal offers and revised fee structures were indeed sent out. The affected franchises have a ten‑day window to respond. While most teams have been actively negotiating the terms, the Multan Sultans were reportedly excluded from the financial discussions, even though they were invited to operational meetings concerning scheduling and logistics for the next season.

Why Multan Sultans Were Deemed Non‑Compliant

The PCB’s stance hinges on the definition of “compliance.” Earlier this year, Tareen publicly criticized the league, accusing the management of a lack of transparency and communication as the PSL approached its 10th edition. His comments escalated, and the PCB warned that he would be blacklisted unless he issued a public apology.

In response, Tareen released a sarcastic video apology, claiming he was only “trying to make the PSL better,” and dramatically tore up the PCB’s notice. The PCB appears to have dismissed the apology as insufficient, maintaining that Tareen’s franchise does not meet the compliance criteria required for renewal.

Financial Implications for All Franchises

All eight PSL franchises – once the league expands – will face a significant increase in franchise fees. The PCB has indicated that the new fees will be at least 25% higher than current payments, with the possibility of being calculated as 25% of the franchise’s new market valuation. This adjustment reflects the league’s growing commercial value and the addition of two new teams.

PSL Expansion: New Cities on the Horizon

The PCB has released a shortlist of potential cities for the two new franchises: Hyderabad, Sialkot, Muzaffarabad, Faisalabad, Gilgit, and Rawalpindi. From this list, two locations will be selected, expanding the league to eight teams for the season scheduled in April and May of next year.

Implications for Multan Sultans

If the Multan Sultans are unable to secure a renewal, the franchise could be forced to relinquish its rights, opening the door for a new ownership group in Multan or a complete restructuring of the team’s brand. The uncertainty adds another layer of complexity to the PSL’s broader expansion strategy.

What Comes Next?

  • Franchise Owners: All compliant owners must decide within ten days whether to accept the new terms.
  • Multan Sultans: The team remains in limbo until the PCB clarifies its compliance status or offers a revised proposal.
  • PSL Expansion: The league will announce the two new cities later this year, finalising the eight‑team format for the next season.
  • Fans: Supporters of Multan Sultans are awaiting official communication regarding the franchise’s future.

Conclusion

The exclusion of Multan Sultans from the PSL’s renewal offers underscores a deeper rift between the franchise and the PCB, rooted in questions of compliance and public criticism. As the league prepares for a larger, more lucrative format next season, the outcome of this ownership dispute will be pivotal both for the Sultans and for the overall stability of the PSL’s expansion plans.