Pakistan Super League (PSL) 11 franchise Sialkot Stallions has been officially rebranded as Multan Sultans.

The announcement was made at a joint press conference attended by Salman Naseer, franchise owner Hamza Majeed and CD Ventures head Gauhar Shah. OZ Developers had acquired the Sialkot Stallions franchise for Rs 18.5 billion for 10 years during the team auction held in Islamabad, but has now entered into a strategic partnership with CD Ventures. Under this partnership, Gauhar Shah has been appointed as the Chief Executive Officer of the franchise and the franchise has been renamed Multan Sultans. According to PSL Chief Executive Salman Naseer, the annual value of this franchise has increased to Rs 2 billion after the latest developments. Pakistan Super League Season 11 will be held from March 26 to May 3, 2026.