The Pakistan Super League (PSL) has witnessed a major transformation as the franchise once known as Sialkot Stallionz has officially been renamed Multan Sultans. This change comes after CD Ventures acquired a majority stake in the team, marking a new chapter in the league’s history. The announcement was made by PSL Chief Executive Salman Naseer during a joint press conference alongside franchise owner Hamza Majeed and CD Ventures CEO Gohar Shah.
Originally purchased by OZ Developers for Rs1.85 billion, the franchise’s valuation has now surged to Rs2 billion annually following the buyout. Naseer confirmed that Shah requested the renaming after assuming the role of CEO, and the PSL management approved the move.
Majeed described the deal as a strategic partnership endorsed by both the Pakistan Cricket Board (PCB) and PSL authorities. He praised Shah’s energy and commitment, emphasizing that his passion for cricket is even greater than his own. Shah, in turn, expressed his vision to restore South Punjab’s representation in the league, highlighting the importance of retaining the Multan identity.
In his remarks, Shah introduced his broader philosophy of “Total Cricket”, a concept aimed at aligning the team’s approach with the long-term needs of Pakistan cricket. He assured fans that the squad selection was carefully considered and final decisions would be made once training camps begin.
Despite the rebranding, Majeed reassured loyal Sialkot Stallionz supporters that their role will not be forgotten. He promised that elements of the Stallionz identity would remain visible in the campaign and even confirmed transport arrangements for fans traveling to Multan Sultans matches.
This rebranding sets the stage for PSL Season 11, scheduled to begin on March 26 across five venues nationwide. With CD Ventures at the helm and Shah’s ambitious vision, the Multan Sultans are preparing to make a powerful impact in the upcoming season.
