There has been a constant tiff between the PSL franchise Multan Sultan owner and the Pakistan Cricket Board over the renewal of their PSL contract.
The Pakistan Cricket Board, headed by the current chief Mohsin Naqvi, who is also the interior minister in Pakistan, announced taking control of the Pakistan Super League franchise, the Multan Sultan, after its private ownership ends this year on the 31st of December.
PCB to hand over Multan Sultan ownership to the new owner in 2027
As the handover might take place ahead of 2027, the arrangement could be of great benefit to the PCB, as they could save approximately $4 million for that year, and it would not be required to pay the $3 million from the central revenue pool.
Back in November, the former owners of the Multan Sultan side decided to part ways after the long-strained relationship between the owner and the PCB could not be resolved.
Multan Sultans' owners in the past
However, soon after the season, the Schon Group realized that the deal was not a viable deal, and hence, after franchise payments were not made, the Pakistan Cricket Board decided to terminate the deal.
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