Ali Tareen bows out as Multan Sultans owner after franchise denied renewal

Ali Khan Tareen bowed out as the owner of Pakistan Super League (PSL) franchise Multan Sultans on Tuesday after failing to receive a renewal offer by the country’s cricket board.

Meanwhile, all the other five franchises renewed their agreements with the league for the next 10 years over the last two days — Islamabad United and Karachi Kings being the latest ones.

Tareen announced his decision with a heartfelt note on social media platform ‘X’.

“Despite the financial losses year after year, I never once thought about walking away,” he said. “The Sultans have always meant more to me than just numbers. And I have always been willing to go as far as needed to protect it.

“I know I’m not everyone’s cup of tea, and I’m okay with that. But I have always been honest and I have always spoken my mind,” Tareen added, pointing out at his longstanding criticism over the league’s management issues that landed him in the bad books of the Pakistan Cricket Board (PCB), which eventually decided to snub him.

“I never learned how to play it safe or just play along. That simply isn’t who I am. And if staying means compromising those principles there is only one choice I can make.

“I would rather lose this team while standing on my feet than run it from my knees. So, this is goodbye.”

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