Multan Sultans set to become Rawalpindi franchise after record high sale

In a significant development in the Pakistan Super League (PSL), Walee Technologies has acquired the Multan Sultans franchise, which will now operate under the Rawalpindi banner. This purchase marks a record high sale in the tournament's history, indicating the growing commercial viability of cricket in Pakistan. Walee Technologies partnered with CD Ventures in this acquisition, while Particle Igniter was also in the running for the franchise. The shift in location and ownership is expected to bring fresh enthusiasm and a new fan base to the franchise, aligning with the PSL's efforts to expand its reach and revenue streams. The Multan Sultans, previously based in Multan, will need to adapt to the dynamics of Rawalpindi, where cricket has a passionate following. This change is anticipated to enhance the competitive landscape of the PSL, as teams vie for supremacy in the league. The PSL continues to attract investment, showcasing the sport's potential in the region, amidst ongoing efforts to elevate cricket's profile in Pakistan.
Originally reported by ESPN Cricinfo. Read original article
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