Latest news with #PSLSeason10
Express Tribune
23-04-2025
- Business
- Express Tribune
Multan Sultans owner denies franchise exit, questions PSL sustainability
Listen to article Multan Sultans owner Ali Tareen has denied rumours suggesting he intends to part ways with the Pakistan Super League (PSL) franchise following the conclusion of the tournament's 10th edition. Speaking to local media after the Sultans' 33-run victory over Lahore Qalandars, Tareen clarified that while his team is reassessing its franchise agreement, there are no immediate plans to exit. 'I never said I'm abandoning Multan Sultans,' Tareen said. 'We are simply exploring options to re-evaluate our franchise agreement after the tenth edition of the PSL.' Tareen raised concerns over the existing PSL financial model, which he described as "unsustainable." He noted that while the franchise holds the option to renew its agreement with a 25 percent increase in cost, such terms are financially burdensome. 'At that price, we're operating at a loss,' he said. The businessman indicated a preference for re-entering the bidding process under revised conditions. 'Hopefully, we can secure the team again at a valuation that makes financial sense, similar to the Karachi Kings' $26 million deal over ten years.' Tareen also referenced the financial difficulties of the franchise's previous owners, who, according to him, 'suffered significant losses and couldn't continue,' prompting his team to step in and stabilise the club's operations. On the sporting front, Tareen expressed satisfaction with the Sultans' first win of the season, especially following their earlier defeat to Islamabad United. 'The coaches and I agreed there was no need to panic. We knew once we got back to Multan, we'd get things back on track,' he said. Despite subdued public interest in PSL Season 10, Tareen reaffirmed the franchise's deep ties to its home base. 'We told the players they're playing for the people of Multan. That connection, that love – it's what drives us.' Highlighting the success of his cricket development initiatives, Tareen pointed to 14-year-old Sheher Bano, a graduate of his cricket academy, who has gone on to represent Pakistan in the Under-19 Asia Cup and World Cup qualifiers. He also praised the early performances of the Sultans' development squad, competing in the President's Trophy Grade-II under the JDW banner. Looking ahead, Tareen announced plans to bolster cricket infrastructure in South Punjab, with projects underway to construct a new stadium in DHA Multan and upgrade existing facilities in Rahim Yar Khan and Bahawalpur. 'Our goal is to create a strong regional network for talent development,' he said.
Business Recorder
23-04-2025
- Business
- Business Recorder
PSL 10: Multan Sultans owner Ali Tareen denies exit rumours
Multan Sultans owner Ali Tareen has dismissed speculation suggesting he plans to part ways with the franchise after the ongoing 10th edition of the Pakistan Super League (PSL 10). Speaking to local media following the Sultans' 33-run win over Lahore Qalandars, Tareen stated, 'I never said I'm abandoning Multan Sultans. We are simply exploring options to re-evaluate our franchise agreement after the tenth edition of the PSL.' Tareen cited concerns over the financial model currently in place, calling it unsustainable. 'We do have the option to renew our contract with a 25 percent increase on the current price. But at that price, we're operating at a loss,' he said. PSL 10: Yasir, Ubaid hand Multan Sultans their first win The businessman indicated his intention to exit the existing agreement and re-enter the bidding process under more favourable terms. 'Hopefully, we can secure the team again at a valuation that makes financial sense, similar to the Karachi Kings' $26 million deal over ten years.' Tareen also acknowledged the struggles faced by the franchise's previous owners, saying they 'suffered significant losses and couldn't continue,' prompting his team to step in and stabilise operations. On the field, Tareen expressed satisfaction with the Sultans' first win of the tournament, particularly after a loss to Islamabad United earlier in the week. 'The coaches and I agreed there was no need to panic. We knew once we got back to Multan, we'd get things back on track,' he said. Amid muted fanfare around PSL Season 10, Tareen reaffirmed the team's commitment to its regional supporters. 'We told the players they're playing for the people of Multan. That connection, that love – it's what drives us.' PSL 10: Can Multan Sultans get it right this time? Tareen also highlighted the growth of his cricket academies, citing the success story of 14-year-old Sheher Bano, who progressed from the academy to represent Pakistan in the Under-19 Asia Cup and World Cup qualifiers. He further noted the performance of the franchise's development squad in the President's Trophy Grade-II, where they have shown early promise under the JDW banner. The Multan Sultans owner also revealed plans to strengthen cricket infrastructure across South Punjab. 'We're working on building a stadium in DHA Multan and upgrading facilities in Rahim Yar Khan and Bahawalpur,' he said, adding that the objective is to build a robust regional network for talent development.
Express Tribune
12-04-2025
- Sport
- Express Tribune
6,700 cops detailed for HBL PSL security
A comprehensive security plan has been devised for the Pakistan Super League (PSL) 10 matches. A to A comprehensive and foolproof security plan has been prepared for the matches to be held at the National Bank Cricket Stadium Karachi for the PSL Season 10, which started yesterday. During PSL matches, 6,700 police personnel will provide security duties at various locations. As per the plan, 1,666 personnel of the Security Division including 950 SSU commandos and policewomen commandos, 1,390 of the Traffic Police, 328 of the Special Branch and District Police personnel along with other law enforcement agencies will perform security duties at Karachi Airport, routes, hotels and other important locations. To ensure security, expert marksmen have been deployed at sensitive locations. In addition, a Special Weapons and Tactics (SWAT) team will be on high alert at the SSU headquarters. This team will also be on patrol around the stadium to deal with any emergency. A special SSU command and control bus will also be deployed to monitor law and order around the stadium. There will be a strict ban on the use of CNG cylinders and drones inside the stadium premises. The authorities are committed to ensuring that a safe and peaceful environment is provided for players, officials, and spectators during the PSL 10 matches in Karachi. Spectators are requested to cooperate with law enforcement agencies and follow security protocols so that this event can be held successfully and peacefully.
