LAHORE: Former Multan Sultans owner Ali Tareen has announced that he will not take part in the auction of two new Pakistan Super League (PSL) teams.
The auction for the two new PSL franchises will be held today in Islamabad at the Jinnah Convention Centre.
The two successful bidders will be able to choose team names from Rawalpindi, Hyderabad, Faisalabad, Gilgit, Muzaffarabad, and Sialkot.
However, shortly before the auction, Ali Tareen announced his decision to stay away from the bidding process.
In a statement shared on social media, Ali Tareen said that after careful thought, he and his family have decided not to participate in today’s PSL franchise auction.
He said that their association with Multan Sultans was not just about owning a cricket team, but about representing South Punjab.
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Ali Tareen added that if he returns to the PSL in the future, it will be for the same purpose. He said South Punjab is close to his heart and is his home.
After careful consideration, my family and I have decided not to participate in today’s PSL franchise auction.
Our time with Multan Sultans was never just about owning a cricket team. It was about South Punjab. About giving a voice to a region that had been overlooked for too…
— Ali Khan Tareen (@aliktareen) January 8, 2026
He further said that this year he will be present in the stadium as a fan, cheering for the players and celebrating with supporters. He added that when the Multan team comes up for sale again, they will be ready.
After Ali Tareen’s withdrawal, nine parties will now take part in the PSL franchise auction.
