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PCB ‘decides to hold auction’ for Multan Sultans franchise

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PCB ‘decides to hold auction’ for Multan Sultans franchise


Multan Sultans’ Michael Bracewell (third from right) celebrates taking a wicket with teammates during their PSL 10 match against Lahore Qalandars at the Multan Cricket Stadium in Multan on April 22, 2025. — PCB

LAHORE: The Pakistan Cricket Board (PCB) has decided to auction Pakistan Super League (PSL) franchise Multan Sultans owing to a good price secured in the recent auction of two new teams, the sources said on Sunday.

The board, last month, had announced that it would be taking over the control of the Multan Sultans owing to the expiration of its ownership agreement on December 31, 2025.

The sources, back then, had said that under the proposed plan, the PCB was to manage the franchise for one year before handing over the franchise to a new owner through an auction in 2027.

If implemented, the arrangement would save the PCB around $4 million in a year, as it would not have to pay $3m from the central pool or an additional $1m in sponsorship funds. However, an audit firm’s report notes that the PCB would not receive the franchise fee for that year, which stands at $8.5m.

In November, Multan Sultans owner Ali Tareen announced via social media that he was parting ways with the PSL franchise. Sources indicate that relations between the PCB and Ali Tareen had remained strained over the past year, eventually reaching a point of no return.

Multan Sultans were originally awarded as the sixth PSL team to the Schon Group under a $5.2m agreement, making it the most expensive franchise at the time, double the price of Karachi Kings, which was acquired for $2.6m.

Sources say that the decision to auction Multan Sultans has been made as the PCB got “a good price” in the recent auction, and the inclusion of two new teams, namely Hyderabad and Sialkot, is pushing the number of teams in PSL 11 to eight.

Therefore, the board believes that there is no better time to sell Multan Sultans as well, and an open bidding will be held with an advertisement likely to be issued soon in this regard.

An official announcement will be made soon after reviewing the legal aspects, adding sources, saying that the board expects the franchise to be sold for a good price as well.





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Andy Serkis on making the animated version of "Animal Farm"

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Andy Serkis on making the animated version of "Animal Farm"



Andy Serkis, the iconic voice of Gollum in “Lord of the Rings,” speaks with “CBS Saturday Morning” about his latest project, an animated version of George Orwell’s “Animal Farm.”



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Harry Styles, Zoe Kravitz in major wedding planning mode after big step

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Harry Styles, Zoe Kravitz in major wedding planning mode after big step


Inside Harry Styles, Zoe Kravitz grand wedding plans after engagement

Harry Styles and Zoe Kravitz have reportedly entered their wedding planning era after the singer popped the question recently.

The 31-year-old British musician and the Caught Stealing star, 37, are deep in consideration about the nuptials, which might span over two different ceremonies.

Following Kravtiz’s recent appearances with a rock on her ring finger, an insider revealed that the couple is currently in the process of having meetings to plan their big day.

“I know for a fact Zoë would want to do something in New York because of her dad, so if anything it’s going to be two weddings,” an insider told Page Six about Kravitz’s father Lenny Kravtiz.

They continued, “Dad still lives in downtown [Manhattan]. It could be at the Fouquet’s Hotel. If she does two [weddings] it would be one in London and one in New York. She would do downtown over Brooklyn, because he likes downtown and she would do that for him.”

They noted that the Watermelon Sugar High hitmaker has already impressed the rockstar, “I know Zoë put together the meeting with Harry and her father a while ago. They did a whole meet-and-greet. Obviously, Lenny loves Harry.”

Kravitz, they explained, highly values her father’s opinion and regardless of who she is dating, they need to get along with him.

While it hasn’t been long to the couple being together, insiders have previously shared how they were already “serious” back in December last year. Their recent engagement, and future wedding seems a natural course to follow.





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what happens to stranded passengers now?

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what happens to stranded passengers now?


Spirit Airlines shuts down, cancels all-flights: what happens to stranded passengers now?

The most economical airline operating across America has announced a major decision.

Spirit Airlines shares the news that it is shutting down its business, canceling all flights on May 2, 2026.

The airline has been facing serious economic crush since the covid-19 pandemic.

Spirit, multiple times in recent years, has warned of its poor economic health, stating there was “substantial doubt” over its ability to continue flying the operations.

The airline has filed for bankruptcy twice, with the most recent in August 2025.

In 2025, Spirit was ranked as the eighth-largest US airline by its seating capacity.

The airline was widely recognized as offering the ultra-economical base fares in the US, charging extra for things like carry-on bags.

What happens to stranded passengers now?

Spirit had booking of about 9,000 flights from May 2 to the end of the month, totaling 1.8 million seats, as per the aviation analytics firm Cirium.

So over the coming month, an estimated 300 flights and 60,000 passengers will be affected every single day.

The sudden cancellation will further push the domestic US flight fares across the aviation industry.

Now, with Spirit canceling the 2% of domestic US flights it was scheduled to operate this summer, fares are likely to surge across the industry.

Over the last 25 years, eight key US airlines have filed for bankruptcy, but a complete airline shutdown is far more unusual.

Spirit’s closure is seen as the first shutdown of a major US airline since Midway Airlines collapsed in the aftermath of the September 11, 2001 attacks.

According to CNN, other US airlines have stepped up to support the affected passengers.

However, the outlet didn’t mention what the policy would be for these airlines to follow but did mention American Airlines officials, who said it had “immediately implemented fare caps on Main Cabin tickets for Spirit routes where we also offer nonstop service.”





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