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Franchise Rights of PSL Team Multan Sultans Terminated by Pakistan Cricket Board

Cricketnext Staff |November 11, 2018, 8:05 AM IST
Franchise Rights of PSL Team Multan Sultans Terminated by Pakistan Cricket Board

The Pakistan Cricket Board (PCB) terminated Multan Sultans' franchise agreement with Schon Properties Broker LLC. The termination was carried out after the franchise failed to meet its financial obligations.

All rights in respect to the team are now with the PCB, though the fourth edition of the PSL will still go forward as planned with six teams and the same number of matches.

A joint statement issued by the PCB and Schon Properties said, "The Board shall take complete responsibility of all player and coach contracts." It also said that the team shall henceforth be referred to as the "sixth team", and "The team selection for the sixth team at the player draft scheduled to be held on 20th November 2018 will be done by PCB itself."

The next step is for the PCB to enter into a public tender process, in order to grant repackaged rights of the sixth team. "The rights holder would have the option of choosing the sixth franchise city and name," a PCB spokesperson told Geo News.

Following the development, PCB chairman Ehsan Mani said, "I want to reassure our partners – franchisees, sponsors, players, coaches and fans – that the Pakistan Super League will take place as planned. Our preparations are in full swing starting with the PSL Draft in Islamabad. The 2019 edition of the PSL will be a memorable one with as many as eight matches including the play-offs and the final scheduled to take place in Pakistan."

"It has been a privilege being a PSL team owner over the past year. I am proud of the support Schon has always extended to Pakistan cricket and current affairs notwithstanding, will continue to passionately support it," said Asher Schon, president of the Schon Group.

Cricket World Cup Points Table

Pos Team P W L T/NR PTS NRR
1
AUS
7 6 1 0 12 +0.90
2
NZ
6 5 0 1 11 +1.30
3
IND
5 4 0 1 9 +0.80
4
ENG
7 4 3 0 8 +1.05
5
BAN
7 3 3 1 7 -0.13
6
SL
6 2 2 2 6 -1.11
7
PAK
6 2 3 1 5 -1.26
8
WI
6 1 4 1 3 +0.19
9
SA
7 1 5 1 3 -0.32
10
AFG
7 0 7 0 0 -1.63

Team Rankings

Rank Team Points Rating
1 India 3631 113
2 New Zealand 2547 111
3 South Africa 2917 108
4 England 3663 105
5 Australia 2640 98
see more
Rank Team Points Rating
1 England 5720 124
2 India 5990 122
3 New Zealand 4121 114
4 South Africa 4674 111
5 Australia 4805 109
see more
Rank Team Points Rating
1 Pakistan 7365 283
2 England 4253 266
3 South Africa 4196 262
4 Australia 5471 261
5 India 7273 260
see more