{"id":7631,"date":"2026-02-09T22:03:10","date_gmt":"2026-02-09T22:03:10","guid":{"rendered":"https:\/\/www.newsmakers.com.pk\/en\/?p=7631"},"modified":"2026-02-09T22:03:12","modified_gmt":"2026-02-09T22:03:12","slug":"multan-sultans-sold-wali-technologies-record-psl-franchise-price","status":"publish","type":"post","link":"https:\/\/www.newsmakers.com.pk\/en\/sports\/multan-sultans-sold-wali-technologies-record-psl-franchise-price\/7631\/","title":{"rendered":"Multan Sultans Sold for PKR 2.45 Billion to Wali Technologies"},"content":{"rendered":"\n<p>Tuesday, 10 February 2026 | Web Desk<\/p>\n\n\n\n<p>In a landmark deal for Pakistan cricket, the Pakistan Super League (PSL) franchise <strong>Multan Sultans<\/strong> has been acquired by <strong>Wali Technologies<\/strong> for a staggering <strong>PKR 2.45 billion<\/strong> for a 10-year ownership term. This historic purchase makes the Sultans the most expensive franchise in PSL history.<\/p>\n\n\n\n<p>The highly anticipated auction was held on Monday evening at the <strong>Expo Center Lahore<\/strong>, attracting bids from five of the country&#8217;s major corporate groups. The bidding was fiercely competitive, starting from the franchise&#8217;s base price of <strong>PKR 182 crore<\/strong>.<\/p>\n\n\n\n<p>The ceremony was graced by prominent cricket figures, including <strong>former PCB Chairman Najam Sethi<\/strong>, who inaugurated the proceedings by striking the ceremonial gong. He was accompanied by the <strong>current PCB Chairman, Mohsin Naqvi<\/strong>. Pakistan&#8217;s legendary batsman <strong>Zaheer Abbas<\/strong> was also present for the occasion. Host <strong>Fakhr-e-Alam<\/strong> invited Abbas to the stage, where the cricket icon expressed his joy at the continued growth and commercialization of cricket in Pakistan.<\/p>\n\n\n\n<p>The sale was initiated after the <strong>previous owner, Ali Tareen, chose not to renew<\/strong> the 10-year ownership agreement, prompting the PCB to put the franchise up for public auction.<\/p>\n\n\n\n<p>This record-breaking acquisition marks a new era for the Multan Sultans and underscores the growing commercial appeal and stability of the Pakistan Super League.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tuesday, 10 February 2026 | Web Desk In a landmark deal for Pakistan cricket, the Pakistan Super League (PSL) franchise Multan Sultans has been acquired by Wali Technologies for a staggering PKR 2.45 billion for a 10-year ownership term. This historic purchase makes the Sultans the most expensive franchise in PSL history. The highly anticipated &hellip;<\/p>\n","protected":false},"author":1,"featured_media":7632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-7631","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-sports"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Multan Sultans Sold for PKR 2.45 Billion to Wali Technologies - NewsMakers-Daily Latest Urdu Breaking News Updates<\/title>\n<meta name=\"description\" content=\"Wali Technologies acquires Multan Sultans for a record PKR 2.45 billion for 10 years, making it the most expensive PSL franchise. 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