Dismisses speculation that he plans to walk away from team after PSL Season 10
\n multan
\nMultan Sultans owner Ali Tareen has reiterated his deep commitment to the franchise, calling it a project that remains \u201cvery close to his heart\u201d following significant investment and effort to establish the team as one of the Pakistan Super League\u2019s (PSL) most dominant sides this decade. He also dismissed speculation that he plans to walk away from the team after PSL Season 10.
\n\u201cI never said I\u2019m abandoning Multan Sultans,\u201d Tareen told local media during his team\u2019s match against the Lahore Qalandars, which the Sultans won by 33 runs. \u201cWe are simply exploring options to re-evaluate our franchise agreement after the tenth edition of the PSL.\u201d
\nTareen explained that the current financial model is unsustainable for the franchise. \u201cWe do have the option to renew our contract with a 25% increase on the current price. But at that price, we\u2019re operating at a loss,\u201d he said.
\n\u201cMy plan is to exercise our right to exit the current agreement and rebid for the team \u2013 hopefully at a more realistic valuation, similar to Karachi Kings\u2019 $26 million deal over ten years.\u201d
\nHe also pointed to the challenges faced by the franchise\u2019s previous owners. \u201cThey suffered significant losses and couldn\u2019t continue. We stepped in, and now we\u2019ll look to bid again under better terms.\u201d
\nCommenting on his team\u2019s recent on-field performance, Tareen expressed satisfaction with their first win of PSL Season 10.
\n\u201cAfter the loss to Islamabad United in Rawalpindi, we were focused on bouncing back at home in Multan,\u201d he said. \u201cThe coaches and I agreed there was no need to panic. We knew once we got back to Multan, we\u2019d get things back on track.\u201d
\nWhile acknowledging the relatively subdued buzz around PSL X, he emphasised that the Sultans continue to play for their fans.
\n\u201cWe told the players they\u2019re playing for the people of Multan. That connection, that love \u2014 it\u2019s what drives us.\u201d
\nOn talent development, Tareen proudly highlighted the success of the Tareen Cricket Academies.
\n\u201cOur men\u2019s and women\u2019s academies are operating year-round. One standout story is Sheher Bano, a 14-year-old girl who joined us with no cricket experience. She\u2019s now represented Pakistan in the Under-19 Asia Cup and World Cup qualifiers,\u201d he shared.
\n\u201cOur development squad under the JDW banner is participating in the PCB-organised President\u2019s Trophy Grade-II and I am pleased that they have done well in the opening two matches \u2014 taking first innings lead points in a drawn opening match and then recording a 10-wicket victory in the second match,\u201d Tareen said.
\nLooking ahead, Tareen revealed plans to further develop cricket infrastructure in the region.
\n\u201cWe\u2019re working on building a stadium in DHA Multan, as well as enhancing facilities in Rahim Yar Khan and Bahawalpur. The goal is to create a strong, coordinated network across South Punjab for our teams and academies.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Dismisses speculation that he plans to walk away from team after PSL Season 10 multan Multan Sultans owner Ali Tareen has reiterated his deep commitment to the franchise, calling it a project that remains \u201cvery close to his heart\u201d following significant investment and effort to establish the team as one of the Pakistan Super League\u2019s […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":{"0":"post-474369","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-sports"},"yoast_head":"\n