PSL 11 : Dispute Over Sialkot Stallionz Shares, Wasim Akram Appointed Team President

Islamabad: Ahead of the 11th season of the Pakistan Super League (PSL), a dispute has emerged over the shares of the new franchise Sialkot Stallionz.

Australia-based businessman Muhammad Shahid claims to be the legal owner of 76 percent of the franchise shares, while Hamza Majeed, who holds 24 percent, is allegedly attempting to sell additional shares without his consent.

In a video statement, Shahid accused Majeed of trying to sell his shares at higher prices for illegal profit. He said that the Pakistan Cricket Board and PSL administration have been informed, and legal action will be taken if necessary. Shahid added that he returned to Pakistan after 27 years with the aim of investing and contributing to the country’s development, but claimed that operations were not being conducted transparently. His lawyers are reviewing the situation, and a future course of action will be decided soon.

Meanwhile, former Pakistan cricket captain Wasim Akram has been appointed as the team president of Sialkot Stallionz. Akram was officially named during a ceremony organized by Alpha Oz Sports at a private hotel in Lahore, participating online. He stated that he will use his experience to strengthen and professionally build the team.

During the ceremony, the official logo of Sialkot Stallionz was unveiled for the first time. Team head coach Tim Paine, and co-owners Hamza Majeed and Muhammad Shahid were also present.

Akram emphasized that Sialkot Stallionz will play a key role in introducing modern features to the PSL, promoting cricket, and enhancing the overall standard of the game.

Sabiha Sultan, Chairperson of Alpha Oz Sports, expressed her best wishes and announced that the organization will take practical steps to promote women’s cricket in Pakistan, providing more opportunities for female athletes. She termed the move as a positive and welcome development for the league and Pakistani cricket.