Multan Sultans team owner Ali Tareen rips up an alleged legal notice by the Pakistan Cricket Board threatening to terminate his franchise in the PSL. Photo: @aliktareen / X
Multan Sultans team owner Ali Tareen rips up an alleged legal notice by the Pakistan Cricket Board threatening to terminate his franchise in the PSL. Photo: @aliktareen / X
Multan Sultans team owner Ali Tareen rips up an alleged legal notice by the Pakistan Cricket Board threatening to terminate his franchise in the PSL. Photo: @aliktareen / X
Multan Sultans team owner Ali Tareen rips up an alleged legal notice by the Pakistan Cricket Board threatening to terminate his franchise in the PSL. Photo: @aliktareen / X

PSL in turmoil as Multan Sultans owner rips up alleged legal notice from Pakistan Cricket Board


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Pakistan cricket has been plunged into a fresh crisis after one of the T20 franchise team owners said he faced threats of termination of contract for criticising the running of the Pakistan Super League.

Multan Sultans team owner Ali Tareen has been one of the most visible faces of the PSL and one of the more vocal critics of the league over the past season.

On various platforms, Tareen had lamented the absence of plans or foreign investments and organisational skills of the league.

In response, Multan and team owner Tareen reportedly received a notice from the Pakistan board demanding an apology and withdrawal of statements. Failure to do so could result in the termination of contract, according to the franchise.

"The notice threatens termination of our franchise agreement and a lifetime blacklist of Mr Tareen from owning any cricket team in the future," Multan said in a statement.

"Since taking over the Sultans, Ali Tareen has invested billions of rupees and personally carried losses of over seven billion Pakistani rupees.

"Every statement he has made has been in the best interest of the PSL, urging the league to aim higher and do better.

"For the PCB management to treat constructive criticism as a crime is outrageous. It clearly shows that the PSL is not open to questions or accountability, even from those who have given the most to make it stronger."

Team owner Tareen took to social media and doubled down on his criticism of the league and board.

"You don't want to work with the stakeholders. You just want us to stay quiet and tow the line. You are so used to having yes men around you, you can't accept any criticism," Tareen said in a video posted on X.

"I have not received any invitation to iron out issues. Straight to legal notice. This is not how you manage things.

"If you think I will stay quiet because of such threats, you are mistaken."

He concluded the video statement by tearing the supposed legal notice.

Multan Sultan players at the National Stadium in Karachi earlier this year. AFP
Multan Sultan players at the National Stadium in Karachi earlier this year. AFP

The Pakistan board has not made any statement on the matter.

The PSL held its 10th edition earlier this year. It was the first time the franchise tournament clashed directly with the Indian Premier League.

Both leagues were suspended briefly during the four-day war between the neighbouring nations.

Reports also emerged of the PSL adding two more franchises from the next season, which is another contentious issue among existing team owners amid concerns over revenue sharing.

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World Series: South Africa
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The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

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Retirement funds heavily invested in equities at a risky time

Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.

Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.

The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.

The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.

Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.

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Dust storm

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Power: 248hp at 5,200rpm

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Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

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7pm: Wathba Stallions Cup (PA) Dh70,000 1,200m
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7.30pm: Handicap (PA) Dh80,000 1,400m
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Saturday (UAE kick-off times)

Watford v Leicester City (3.30pm)

Brighton v Arsenal (6pm)

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Bournemouth v Crystal Palace (10.45pm)

Sunday

Newcastle United v Sheffield United (5pm)

Aston Villa v Chelsea (7.15pm)

Everton v Liverpool (10pm)

Monday

Manchester City v Burnley (11pm)

UK’s AI plan
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  • £100m of government support for startups building AI hardware products
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Rating: 3/5

The specs

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Power: 240hp at 5,500rpm

Torque: 390Nm at 3,000rpm

Transmission: eight-speed auto

Price: from Dh122,745

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UAE currency: the story behind the money in your pockets
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Key findings of Jenkins report
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Updated: October 24, 2025, 11:44 AM