The Pakistan Cricket Board (PCB) is facing ownership disputes in at least two of the eight franchises in the Pakistan Super League (PSL), it has been learnt. According to a reliable source aware of the development, the dispute broke out in newly auctioned Sialkot franchise over majority ownership.
“One of the owners, Muhammad Shahid, has complained to PSL CEO Salman Naseer that he holds 76 per cent stake in the franchise, but his other partners, who hold 24 per cent stake, are trying to sell the franchise stake without his knowledge,” the source said.
He said Shahid, a foreign-based trader, also posted a video on social media in which he said other small shareholders were trying to close deals without his knowledge and consent and were trying to get rid of more shares than they owned.
The Sialkot franchise was bought for 185 million crowns by a consortium that includes Kamil Khan, a close relative of one of Pakistan’s former captains, who has no connection with the whole matter.
In another complaint, one of the original owners of the Lahore Qalandars franchise, Fawad Rana, after getting a court verdict in his favour, also filed a complaint against Naseer regarding the majority ownership.
According to court documents, he apparently filed a lawsuit against his brothers Atif Rana and Sameer Rana in court, alleging that they sold shares belonging to his company without his knowledge, and the court ruled in his favor.
– The end
Issued by:
Saurabh Kumar
Published on:
February 20, 2026