On Thursday, in a surprising turn of events, Ali Khan Tareen won the rights of PSL’s Sixth Team. Ali Tareen who is the son of the famous politician and entrepreneur Jehangir Khan Tareen was already rumored to be interested in buying the rights of the PSL, but the news was confirmed today by PCB. And now, Ali Tareen is officially the owner of PSL’s 6th team.
Official Announcement by PSL
The announcement was made with a tweet from PSL’s official Twitter account.
— PakistanSuperLeague (@thePSLt20) December 20, 2018
Zain Qureshi’s hint at Possible Interest in the Sixth Team
Zain Qureshi, who is also a politician, and son of the current Foreign Minister of Pakistan, Shah Mehmood Qureshi, also showed interest in buying the team rights for the Sixth Team of Pakistan Super League.
In a tweet from his Official account, he hinted to be interested in bidding for the ownership rights of the unnamed Sixth team, previously known as Multan Sultans.
South Punjab has given Pakistan some great cricketers.. the 6th franchise must stay in Multan. PSL can do with some saraiki Tarqa 😉 #PSL4 @RealPCB_Live @InziTheLegend @waqyounis99 @captainmisbahpk @realshoaibmalik @HaiderAzhar @AJavedOfficial
— Zain Hussain Qureshi (@ZainHQ) December 17, 2018
Reserve Price Set by PCB Exceeded by Tareen
PCB set a reserve price for the Sixth Team at $5.21 million to be paid annually for the next seven years. But in order to buy the ownership rights, Tareen exceeded the reserve price, and the new reserve price to be paid for the team is now set at $6.8 million, which is a huge increase over the base price.
Official Name for the PSL’s Sixth Team
There is no news yet on what is going to be the name of the unnamed team. But there are a lot of rumors that the franchise will remain with the city of Sufis. However, the official announcement has yet to be made, and the name will be announced before the commencement of PSL 2019.
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Picture Credits: Pakistan Super League