Sialkot Stallionz sold again ahead of PSL 11 season

Sialkot Stallionz, the newest franchise brought last month in the Pakistan Super League for 185 crore rupees by a business group based out of Pakistan, has been sold again after a dispute over the sale of shares and questions over the financial background of some owners.

With the PSL 11 season yet to start, the Pakistan Cricket Board (PCB) has faced an embarrassing situation over the financial background and record of the owners of the OZ Group, which brought the



Sialkot franchise at an auction last month.

Soon after the auction, problems arose over the financial standing of the new owners. A dispute emerged when some of the partners sold 98 percent of the shares to an Australian company.

Now the Sialkot franchise's 98 percent shares have been bought by another company, CD ventures, which had earlier taken part in the auction for the franchise rights of Multan Sultan and had made a final bid of 235 crores.