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Multan chosen as the sixth franchise in Pakistan Super League

Multan becomes the sixth Pakistan Super League franchise.

The Schön Group, a Dubai-based enterprise well-established in the real estate business, has won the rights to the sixth franchise of the Pakistan Super League, and chosen Multan as its team.

The deal has been confirmed by the PCB, pending legal formalities, and the contract is for eight years. The Schön Group's owners have roots in Pakistan.

30 companies showed interest in the franchise and 12 of them submitted the bid. Out of these only the Schön Group made a bid which was meeting the base price of USD 5.2 million per year.

The highest bidder had the right to choose the base city for the new franchise out of Multan, Faisalabad, Dera Murad Jamali, FATA and Hyderabad.

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