Multan Sultans owner Ali Tareen decides against renewing PSL franchise deal
ISLAMABAD : By Nawaz Gohar ; Multan Sultans owner Ali Tareen on Tuesday announced that he will not be extending the Pakistan Super League (PSL) franchise ownership contract, bringing an emotional close to his tenure with the 2021 champions.
In a heartfelt statement shared on social media, Tareen cited persistent financial losses as a key factor behind his decision, emphasising that he would “rather lose this team while standing on my feet than run it from my knees.” He described his time with the Sultans as one of the greatest honours of his life, recalling the pride his late uncle, Alamgir Tareen, held for representing South Punjab.
Tareen said he consistently reminded players and staff of the values of the region—resilience, hard work and unwavering commitment—adding that fans would forgive defeat but never a lack of fight. Despite the yearly financial strain, he stressed that he never considered walking away until renewing the contract meant compromising personal principles.
Bidding farewell, Tareen urged supporters to continue backing the franchise, saying the Sultans “belong to the people of South Punjab,” and promised he would remain in the stands as a devoted fan.
