In a landmark development for Pakistan Super League (PSL), Multan Sultans have been sold to Waleo Tech Group for a record Rs 24.5 billion (PKR) under a 10-year ownership agreement. This deal marks one of the biggest franchise transactions in the history of the Pakistan Super League, highlighting the league’s growing commercial value and long-term stability.
According to official sources, the agreement grants Waleo Tech Group full ownership and operational rights of Multan Sultans for the next decade. The deal significantly exceeds previous franchise valuations, reflecting increased confidence in the PSL’s business model, fan base, and global visibility.
A Major Boost for PSL and Pakistani Cricket
The sale is being viewed as a strong vote of confidence in Pakistan’s domestic cricket ecosystem. Over the years, Multan Sultans have emerged as one of the most competitive and well-managed teams in the PSL, consistently performing strongly and building a loyal fan following across South Punjab and beyond.
Industry analysts believe the Rs 24.5 billion valuation sets a new benchmark for future PSL franchise deals. It also signals that private sector interest in sports investments is rising, particularly from technology-driven business groups.
Waleo Tech Group’s Vision for Multan Sultans
Waleo Tech Group, known for its presence in technology, digital services, and innovation-led ventures, is expected to bring a modern, data-driven approach to franchise management. Sources suggest the group plans to invest heavily in team development, youth talent programs, fan engagement platforms, and digital branding.
With PSL increasingly attracting international audiences, experts believe that technology-focused ownership could help Multan Sultans expand their global footprint, improve commercial partnerships, and enhance the overall fan experience.
Why This Deal Matters
This historic transaction strengthens PSL’s position among top T20 leagues worldwide. A long-term ownership agreement provides financial security, encourages strategic planning, and allows franchises to invest confidently in infrastructure and talent.
For cricket fans, the deal promises stability and potential growth for Multan Sultans, while for the league, it reinforces PSL’s reputation as a valuable and sustainable sporting product.
Looking Ahead
As the PSL continues to grow, deals like this underline the league’s commercial maturity. With Waleo Tech Group at the helm for the next 10 years, expectations are high that Multan Sultans will continue to thrive both on and off the field.
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