Ali Tareen submits bid to acquire PSL Sixth Team

*ISLAMABAD – Ali Tareen, son of businessman and politician Jahangir Tareenhas submitted his bid to acquire rights of Pakistan Super League’s (PSL)sixth franchise on Wednesday.*

“Bid submitted’ revealed Ali Tareen in a tweet post, Ali added that heintends to retain the team in South Punjab.

Bid submitted. Poori koshish ki hai to retain the team in South Punjab.

— Ali Khan Tareen (@aliktareen) December 19, 2018link

Last month, Tareen expressed his intention to acquire the sixth team afterthe Pakistan Cricket Board (PCB) terminated the franchise agreement withSchon Properties Broker LLC which granted franchise rights of the MultanSultans, one of the Pakistan Super League (PSL) team.

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Talking to a private news channel , Tareen said, “If we win the rights ofthe sixth team we will continue with the name Multan.”

As a result of this termination, all rights in respect of the team werereverted back to PCB.As per PCB, the termination was brought about due to Schon PropertiesBroker LLC inability to meet its financial obligations under the Agreement.