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Ali Tareen has no plans to leave Multan Sultans, but admits the current financial structure is unsustainable and must be re-evaluated.
“I never said I’m abandoning Multan Sultans,” Tareen told local media during his team’s 33-run win over Lahore Qalandars.
“We are simply exploring options to re-evaluate our franchise agreement after the tenth edition of the PSL,” he added.
He explained that while the current agreement allows for a 25 percent renewal increase, continuing under such terms would mean operating at a loss.
“My plan is to exercise our right to exit the current agreement and rebid for the team – hopefully at a more realistic valuation, similar to Karachi Kings’ $26 million deal over ten years,” he said.
Tareen also reflected on the difficulties faced by the team’s previous owners, adding, “They suffered significant losses and couldn’t continue. We stepped in, and now we’ll look to bid again under better terms.”
Multan Sultans Fixture in PSL X
- April 23 Match 13 Islamabad United
- April 26 Match 16 Lahore Qalandars
- April 29 Match 18 Quetta Gladiators
- May 1 Match 20 Karachi Kings
- May 5 Match 25 Peshawar Zalmi
- May 10 Match 29 Quetta Gladiators
