Lahore: A major development has taken place in the upcoming season of the Pakistan Super League (PSL 11) as the franchise previously introduced as Sialkot Stallions has been officially rebranded as Multan Sultans.
The confirmation was made on Tuesday by PSL Chief Executive Officer Salman Naseer during a joint press conference. The event was attended by franchise owner Hamza Majeed and CD Ventures head Gohar Shah.
Earlier OZ Developers had secured the Sialkot Stallions franchise for a record Rs18.5 billion for a period of 10 years during the official team auction held in Islamabad. However the company has now entered into a strategic partnership with CD Ventures to strengthen the franchise’s commercial and operational structure.
Under this new agreement, Gohar Shah has been appointed as the Chief Executive Officer of the franchise. As part of the restructuring and rebranding process the team’s name has officially been changed to Multan Sultans.
The management expressed confidence that the rebranding and new leadership structure will enhance the team’s competitive performance and commercial success in PSL 11 marking a fresh chapter for the franchise.
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