Multan Sultans Sold in Record-Breaking Deal to Walee Technologies
In a landmark moment for Pakistan Super League (PSL), the franchise Multan Sultans has been sold for a record-breaking price, making it one of the most significant business developments in the league’s history. The franchise was acquired by Walee Technologies, a leading Pakistani media and technology company, after an intense bidding process. The winning bid reportedly stood at PKR 2.45 billion, the highest amount ever paid for a PSL team, reflecting the growing commercial value and popularity of the league.
2/9/20261 min read
A New Chapter for the Franchise
The sale comes as part of the Pakistan Cricket Board’s (PCB) strategic move to re-evaluate franchise ownership ahead of upcoming PSL seasons. With this acquisition, Walee Technologies takes over full operational and commercial control of the team, signaling a new era driven by digital innovation, branding, and fan engagement.
Sources indicate that the franchise may also undergo rebranding and relocation, with Rawalpindi emerging as a potential new home. While official confirmations regarding the team’s new name and identity are awaited, the move has already sparked widespread discussion among cricket fans and analysts.
Why This Deal Matters
This historic transaction highlights:
The rapid growth of PSL as a global cricket brand
Increased corporate confidence in Pakistan’s sports industry
The rising value of sports franchises as long-term investments
By securing the franchise at such a premium price, Walee Technologies has sent a strong message about its commitment to cricket and sports entertainment in Pakistan.
What’s Next?
All eyes are now on how the new ownership will shape the team’s future — from management decisions and branding to player development and fan experience. As PSL continues to evolve, this deal may set a new benchmark for franchise valuations in the league.
Disclaimer: This update is shared based on publicly available information. VOTG News is not responsible for any decisions made based on this news. The image is AI-generated only for illustration