PSL 11 Walee Technologies Buys Multan Franchise at Record Price, making history in the Pakistan Super League 2026. The franchise was sold for PKR 2.45 billion during the high-profile PSL 11 auction in Lahore. This record-breaking bid surprised fans and analysts because it surpassed all previous PSL franchise valuations.
Walee Technologies emerged as the winning bidder after a competitive PSL franchise auction at the Expo Centre Lahore. Other qualified bidders included CD Ventures, Particle Igniter, and Deharki Sugar Mills. The process involved multiple counters, showing the high commercial interest in the Multan franchise sale. The Pakistan Cricket Board (PCB) confirmed the final results, highlighting Walee Technologies’ strategic move in the growing PSL business.
The franchise, previously known as Multan Sultans, will undergo rebranding and has been renamed Rawalpindi, signaling a fresh start. Fans and sponsors eagerly anticipate the team’s new identity, which aims to boost merchandising and engagement. Historically, Multan Sultans won the PSL 2021 title under Mohammad Rizwan’s captaincy and later finished as runners-up in three consecutive seasons. This legacy adds value to the franchise for Walee Technologies PSL investors.
This acquisition also reflects the increasing corporate investment in PSL and rising franchise valuations. Analysts predict that such record bids will enhance PSL commercial growth, attract new sponsors, and improve the league’s global reputation. The ownership change confirms that strategic players like Walee Technologies are ready to invest in sports and technology synergy.
Overall, the PSL 11 Multan franchise sale sets a new benchmark for future auctions. Walee Technologies’ entry promises innovation, strong branding, and fan-focused strategies. PSL enthusiasts can expect a dynamic season in 2026, driven by this high-profile acquisition and team transformation.
