The Pakistan Super League (PSL) has entered a new phase after a major franchise restructuring, as Multan is no longer part of the PSL, and a new Rawalpindi-based franchise has been officially acquired by Walee Tech Group for a massive Rs 24.5 billion PKR under a 10-year ownership agreement.
This historic deal is being seen as one of the largest franchise investments in PSL history, reflecting the league’s growing commercial strength and long-term appeal to corporate investors. With this move, the PSL map changes significantly, ending Multan’s chapter and opening a new era centered around Rawalpindi.
Rawalpindi Becomes the New Franchise Base
Rawalpindi has long been one of Pakistan’s most important cricket cities, regularly hosting international matches and PSL games at the Rawalpindi Cricket Stadium. By shifting the franchise to Rawalpindi, the PSL aims to strengthen its presence in northern Punjab and tap into a larger, more diverse fan base.
Cricket experts believe the move will boost match attendance, sponsorship interest, and local engagement, as Rawalpindi and nearby regions have a strong cricket culture and infrastructure.
Walee Tech Group Enters PSL with Long-Term Vision
Walee Tech Group, known for its leadership in digital media, technology solutions, and influencer marketing, is making its first major entry into professional cricket through the PSL. The group is expected to introduce a technology-driven approach to franchise management, focusing on digital fan engagement, modern branding, and data-backed decision-making.
Industry insiders suggest that Walee Tech Group plans to invest in youth development, high-quality team operations, and innovative fan experiences to build a strong and sustainable PSL brand in Rawalpindi.
Why the Rs 24.5 Billion Deal Is Significant
The scale of this investment highlights PSL’s rising value among global T20 leagues. A 10-year ownership model provides financial stability, encourages long-term planning, and allows franchises to invest confidently in players, infrastructure, and marketing.
This deal also sets a new valuation benchmark for future PSL franchise sales, signaling strong investor confidence in Pakistan’s cricket economy.
What This Means for PSL’s Future
With no more Multan in PSL and a new Rawalpindi-based franchise backed by Walee Tech Group, the league is poised for a refreshed identity and renewed growth. Fans can expect rebranding, fresh energy, and a stronger commercial push in upcoming PSL seasons.
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