Pakistan Super League (PSL) franchise Multan Sultans’ owner Ali Tareen has taken to Twitter to clarify his stance on the brewing issue of his team’s annual franchise fee.
Reports had been circulating in the media claiming that the Sultans took part in PSL 4 without paying the mandatory franchise fee.
Taking note of the accusations, Tareen said that financial obligations had already been met since Sultans were purchased by the owners close to the start of the fourth PSL season.
He stated this meant the Pakistan Cricket Board (PCB) had asked his team to deposit a portion of the franchise fee upfront and the remainder by the end of the tournament – the cheques of which had already been delivered to the board.
Sultans underwent a change in the top-tier management after its debut season when the earlier franchise agreement was terminated for being unable to pay its dues in time.