BR100 Increased By (0.61%)
BR30 Increased By (0.96%)
KSE100 Increased By (0.79%)
KSE30 Increased By (0.52%)
AGHA 7.46 Increased By ▲ 0.02 (0.27%)
BECO 5.41 Increased By ▲ 0.33 (6.5%)
BML 57.75 Increased By ▲ 0.17 (0.3%)
BOP 33.60 Increased By ▲ 0.21 (0.63%)
CNERGY 10.76 Increased By ▲ 0.15 (1.41%)
CSIL 6.12 Increased By ▲ 0.70 (12.92%)
FCCL 54.98 Increased By ▲ 0.92 (1.7%)
FFL 16.11 Increased By ▲ 0.04 (0.25%)
FNEL 1.25 Increased By ▲ 0.05 (4.17%)
KEL 7.24 Increased By ▲ 0.05 (0.7%)
KOSM 6.00 Increased By ▲ 0.04 (0.67%)
LOTCHEM 27.21 Increased By ▲ 0.08 (0.29%)
MLCF 96.60 Increased By ▲ 1.01 (1.06%)
NBP 202.20 Increased By ▲ 1.94 (0.97%)
NCPL 56.02 Increased By ▲ 0.34 (0.61%)
NPL 66.48 Increased By ▲ 0.63 (0.96%)
OGDC 315.80 Increased By ▲ 1.80 (0.57%)
PACE 10.57 Increased By ▲ 0.07 (0.67%)
PAEL 42.60 Increased By ▲ 0.48 (1.14%)
PIBTL 17.17 Increased By ▲ 0.16 (0.94%)
PPL 216.85 Increased By ▲ 1.70 (0.79%)
PRL 59.49 Increased By ▲ 2.86 (5.05%)
PTC 72.48 Increased By ▲ 1.10 (1.54%)
SSGC 25.44 Increased By ▲ 0.26 (1.03%)
TBL 9.70 Increased By ▲ 0.03 (0.31%)
TELE 8.43 Increased By ▲ 0.12 (1.44%)
TPL 19.60 Increased By ▲ 0.42 (2.19%)
TPLP 12.80 Increased By ▲ 0.07 (0.55%)
TREET 23.40 Increased By ▲ 0.07 (0.3%)
TRG 61.60 Decreased By ▼ -0.20 (-0.32%)
Sports

Ali Tareen intends to purchase sixth PSL team

Ali Tareen, the son of Pakistan Tehreek-e-Insaf (PTI) senior leader Jahangir Tareen has shown interest in purchasin
Published Updated

Ali Tareen, the son of Pakistan Tehreek-e-Insaf (PTI) senior leader Jahangir Tareen has shown interest in purchasing the newly named Pakistan Super League (PSL) franchise the ‘Sixth Team’ in the coming month.

“I have completed the initial work for a tender for PSL 4, if we win the rights to the sixth team we will continue with the name Multan,” quoted Tareen, while talking to local media.

Earlier in November, the Pakistan Cricket Board (PCB) terminated the franchise agreement with Schon Properties Broker LLC which granted franchise rights of the Multan Sultans, one of the Pakistan Super League (PSL) team.

As a result of this termination, all rights in respect of the team were reverted back to PCB.

As per PCB, the termination was brought about due to Schon Properties Broker LLC inability to meet its financial obligations under the Agreement.

PCB confirms that the fourth edition of PSL will go ahead as planned with six teams and the same number of matches. The Board shall take complete responsibility of all player and coach contracts. Pending further updates, the team shall be referred to as “The Sixth Team” of PSL.

Copyright Business Recorder, 2018

Comments

Comments are closed for this article.