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PSL franchise owners eye investment in England’s The Hundred

Peshawar Zalmi owner Javed Afridi calls investment opportunity “appealing”

SAMAA | - Posted: May 8, 2020 | Last Updated: 7 months ago
SAMAA |
Posted: May 8, 2020 | Last Updated: 7 months ago
PSL franchise owners eye investment in England’s The Hundred

Photo: AFP

Leadership of Pakistan Super League (PSL) franchises Peshawar Zalmi and Multan Sultans have shown interest in investing in The Hundred, The Telegraph has reported.

The inaugural season of The Hundred was to be staged this year but the tournament was postponed till next year due to the coronavirus pandemic.

The England and Wales Cricket Board (ECB) were not keen on allowing private investment in the tournament. However, they are now thinking about other options due to the financial impact of the virus.

Javed Afridi, chairman of former PSL champions Peshawar Zalmi, said that the opportunity of investing in the 100-ball competition was “appealing”.

“We are always exploring potential sporting investments globally,” he said. “We already have a good fan base in UK and we are firm believers of sports diplomacy.”

Ali Khan Tareen, co-owner of Multan Sultans, said that the opportunity would allow the franchise to increase the tournament’s popularity in the cricket-crazy country.

“My interest would be to just be a part of the team. So for example, maybe I get, like, a 10 per cent stake that I buy. I could then try to increase the fan following in Pakistan, and maybe the south Asian communities and ECB would benefit too,” he said.

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The Hundred, Hundred, Cricket, Peshawar Zalmi, Multan Sultans, Peshawar Zalmi, Multan Sultans, Javed Afridi, Ali Khan Tareen, England and Wales Cricket Board, ECB,
 

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