Multan Sultans are finishing their run in the league

Multan Sultans’ PSL journey has officially ended, costing the owners not just the franchise but also their website and 3.5 million social media followers. After the former owner publicly tore up a PCB notice, reconciliation became impossible. Instead of renewing, the PCB let the contract expire on December 31 and will temporarily manage the team before selling it. New owners may retain the name or rebrand.

This event represents the franchise's second ownership loss. Ironically, Ali Tareen is bidding for expensive new teams after exiting a potentially cheaper deal, having miscalculated PCB’s willingness to negotiate. The January 8 auction promises fierce competition, though some participants are merely seeking publicity. These companies are capitalizing on the hype, paying a small non-refundable fee to boost their profile without intending to pay the billions required for ownership, knowing their larger security deposits will ultimately be returned to them if they lose the bid.