Sialkot Stallionz Owner Dismisses Viral Ownership Dispute Ahead of PSL 11

Just weeks before the start of PSL 11, the newly acquired Sialkot Stallionz franchise found itself at the center of online controversy. However, the franchise owner has now responded strongly, dismissing viral ownership claims as misleading and unrelated to the team’s Pakistan Super League participation.

The clarification aims to calm speculation and reassure fans that preparations for PSL 11 remain unaffected.

Also readOil Prices Jump Sharply After Middle East Tensions – Global Markets ReactZakat Deduction Update: Banks to Suspend Public Transactions Today

Owner Rejects Viral Allegations

Hamza Majeed, co-owner of the Sialkot Stallionz, publicly rejected claims circulating on social media regarding disputes over franchise ownership.

According to Majeed:

• No finalized agreements were signed regarding ownership restructuring

• No payments were made to the Pakistan Cricket Board or PSL authorities in connection with alleged transfers

• Claims of unauthorized share sales are false

He emphasized that the allegations being discussed online have no direct connection to the franchise’s official PSL registration.

What Sparked the Controversy?

The controversy began after Mohammad Shahid claimed he held a 76 percent majority stake in the franchise. He alleged that shares were sold without his consent or legal approval.

These claims triggered widespread discussion on social media, raising questions about:

• The original acquisition process

• Shareholding structure

• Investor transparency

However, franchise officials insist that no secret or illegal share transfers took place.

Also readOil Prices Jump Sharply After Middle East Tensions – Global Markets ReactZakat Deduction Update: Banks to Suspend Public Transactions TodayAll Universities in Pakistan to Introduce AI Course – Big Change from Fall 2026

Record-Breaking PSL Franchise Purchase

The Sialkot Stallionz franchise was secured during the PSL 2026 auction held at the Jinnah Convention Centre.

OZ Group, co-owned by Hamza Majeed and Kamil Khan, acquired the franchise with a record bid of Rs. 1.85 billion, making it the most expensive franchise purchase in PSL history.

The auction was conducted under the supervision of the Pakistan Super League.

This record investment highlighted growing confidence in the league’s commercial future.

Alpha Sports Group Partnership Explained

Earlier this month, Alpha Sports Group officially partnered with OZ Group, acquiring a 75 percent stake in the franchise following the PSL team auction.

The partnership is aimed at:

• Strengthening squad development

• Enhancing performance standards

• Ensuring long-term franchise stability

• Bringing international sports management expertise

Both Alpha Sports Group and OZ Group are based in Australia and are said to bring financial strength and structured management experience to the Stallionz project.

Will This Affect PSL 11 Campaign?

Franchise officials have firmly stated that ownership matters are settled and will not impact preparations for PSL 11.

According to internal sources:

• Team management operations continue normally

• Player recruitment and planning are on schedule

• Marketing and branding activities remain active

With PSL 11 approaching, the Stallionz management appears focused on performance rather than controversy.

Why This Matters for PSL 11

PSL has grown into one of the region’s most valuable T20 leagues. Any ownership dispute can create:

• Investor uncertainty

• Sponsor hesitation

• Fan speculation

By publicly addressing the issue, the Stallionz ownership aims to prevent negative impact on team morale and league image.

Strong financial backing and record-breaking bids signal increasing investor confidence in Pakistan’s premier T20 competition.

Also readOil Prices Jump Sharply After Middle East Tensions – Global Markets ReactZakat Deduction Update: Banks to Suspend Public Transactions TodayAll Universities in Pakistan to Introduce AI Course – Big Change from Fall 2026Will Punjab Hold Another Basant This Year? Govt Clears the AirFIA Announces New Recruitment & Promotion Rules for BS-16 and AbovePaper Checking System Changed for Matric Exams – Lahore Board Goes Digital