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Multan Sultans Return: Sialkot Stallionz Rebranded for PSL 2026

The franchise fee rose from Rs1.85 billion to Rs2 billion after PSL approved the name change requested by new CEO Gohar Shah to restore South Punjab's representation.

The Pakistan Super League (PSL) franchise Sialkot Stallionz has officially been rebranded as Multan Sultans following a majority takeover by CD Ventures, league officials confirmed on Tuesday. The announcement was made at a joint press conference in Lahore, attended by PSL chief executive Salman Naseer, franchise owner Hamza Majeed and CD Ventures head Gohar Shah. CD Ventures has acquired a majority stake in the franchise, which was originally b…

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The Express Tribune broke the news in Pakistan on Tuesday, March 3, 2026.
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