ADVERTISEMENT
Thursday, April 2, 2026
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Headline

Sialkot owner eyes PSL crown, top players from Pakistan and Australia

Emphasising that merit will be the top priority in team selection, the owner of Pakistan Super League’s newly-inducted Sialkot team Hamza Majeed on Saturday said that his franchise will look to pick top players from Pakistan, and then Australia.

News Desk by News Desk
January 11, 2026
Sialkot owner eyes PSL crown, top players from Pakistan and Australia
Share on FacebookShare on Twitter

LAHORE: Emphasising that merit will be the top priority in team selection, the owner of Pakistan Super League’s newly-inducted Sialkot team Hamza Majeed on Saturday said that his franchise will look to pick top players from Pakistan, and then Australia.

“There will be no ‘Parchi’ system in our team, the decisions will be taken on merit and our first priority will be to pick the best players from the current Pakistan team and then to give preference to Australian players. [Moreover] Australian coaches have the best talent, and if we cannot get any best coach from Pakistan we will search for the best one from Australia,” Hamza, the owner of OZ Group, said during his first media conference after purchasing the Sialkot team at the office of the Sports Journalists Association Lahore at the National Hockey Stadium.

Advertisements

Hamza, who owns a business in Australia, purchased the Sialkot franchise for a whopping Rs1.85 billion at a glitzy PSL teams auction in Islamabad on Thursday.

Responding to a query regarding his team’s target in their maiden appearance in the forthcoming PSL 11 starting in late March, Hamza sounded categorical.

“We have joined the PSL to win it, and we are making a comprehensive plan to [achieve] this target.”

Answering a question whether he had any concerns about making profit after buying the franchise at an expensive price, Hamza said, “Put profit and loss aside, overall the [PSL] auction presented a positive image of Pakistan across international market and among the country’s diaspora.”

After the addition of two new teams — Hyderabad and Sialkot — the total number of participating teams in the PSL has reached eight, expanding the level of profit to manifold against Rs5 billion earned reportedly, by all six franchises in 2023.

The Hyderabad team was bought by SKF, a United States-based franchise, for Rs1.75 billion.

Interestingly, there is a great difference between Sialkot and Hyderabad prices and that of Quetta Gladiators, which is PSL’s lowest cost franchise retained by its owner for just Rs360 million.

However, all the eight franchises will have equal share from the 95 per cent of the total income to be received by them from the central pool of income at the end of the event. The remaining five per cent will go into the PCB account.

The entire amount to be received from the eight franchisees, which is estimated to be Rs6.5 billion, will also go into PCB’s account.

On whether his Sialkot team will miss their home venue — Jinnah Stadium — like Quetta and Peshawar Zalmi teams during the PSL games, Hamza said the revival of Jinnah Stadium would be the priority of both the PCB and his franchisee.

The second home ground of Sialkot would be Iqbal Stadium, Faisalabad.

“It is unfortunate that the Jinnah Stadium which hosted several international matches in the past had turned into a desert,” he lamented.

When asked what inspired him to pick Sialkot as his franchise, Hamza said Allama Iqbal, the Poet of the East, was born in Sialkot and this was one of the main factors which urged him to pick that city.

Furthermore, he said, Sialkot had produced some world-class cricketers for Pakistan, most prominently great Zaheer Abbas. “Our franchise would like him to be with us and play a [suitable] role for our team.”

Replying to a question, Hamza signalled that they would consider ‘Sialkot Shaheens’ as the name of their franchise, “because Iqbal’s poetry contains some special messages for the youth whom he termed Shaheen”.

Advertisements
News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

IBF Hosts First Women Chapter Networking Dinner 2026 in Karachi
Karachi

IBF Hosts First Women Chapter Networking Dinner 2026 in Karachi

April 1, 2026
Pakistan’s First Intelligence and Security Studies Program Graduates Inaugural Cohort
PAKISTAN

Pakistan’s First Intelligence and Security Studies Program Graduates Inaugural Cohort

April 1, 2026
Pakistan, Romania Sign MoU to Boost Maritime Trade and Port Cooperation
Karachi

Pakistan, Romania Sign MoU to Boost Maritime Trade and Port Cooperation

April 1, 2026
Iran Rejects Trump’s Ceasefire Claim as War Escalates and Diplomacy Remains Uncertain
Headline

Iran Rejects Trump’s Ceasefire Claim as War Escalates and Diplomacy Remains Uncertain

April 1, 2026
Karachi Ports See Surge as Pakistan Becomes Regional Shipping Hub Amid Gulf Conflict
Karachi

Karachi Ports See Surge as Pakistan Becomes Regional Shipping Hub Amid Gulf Conflict

April 1, 2026
Arts Council Karachi Honors US-Based Poet Dr Noor Amrohvi in Special Ceremony
Karachi

Arts Council Karachi Honors US-Based Poet Dr Noor Amrohvi in Special Ceremony

April 1, 2026
China Backs Pakistan’s Role in US-Iran Peace Talks, Emphasizes Strait of Hormuz Security
Headline

China, Pakistan Push for Middle East Peace Amid Ongoing US-Iran Conflict

April 1, 2026
HER Summit Karachi Highlights Male Allyship in Driving Women’s Empowerment
Karachi

HER Summit Karachi Highlights Male Allyship in Driving Women’s Empowerment

April 1, 2026
Pakistan-Romania Business Council Engages SECP to Boost Bilateral Trade
Headline

Pakistan-Romania Business Council Engages SECP to Boost Bilateral Trade

April 1, 2026
Karachi Press Club Hosts Reception Honoring Canada-Based Poet Faika Gul Sahibzada
Karachi

Karachi Press Club Hosts Reception Honoring Canada-Based Poet Faika Gul Sahibzada

April 1, 2026
Next Post
Rare Buddha relics add to Taxila Museum’s appeal

Rare Buddha relics add to Taxila Museum’s appeal

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

Indus Motor Company declares profit after tax of PKR 5.1 billion.

U Microfinance Bank and NADRA Technologies shake hands to provide e-Sahulat services

FBI Philadelphia Pioneers Transnational Repression Task Force Model

We will live with Covid19 for months. Let’s not deny it or panic: Dr. Faheem Younus

President Trump Announces Presidential Delegation to the Republic of Chile to Attend the Inauguration of President-Elect José Antonio Kast

Must Read

CCP Approves 100% acquisition of Sadapay by PPR Holding A.S.
Islamabad

CCP Approves 100% acquisition of Sadapay by PPR Holding A.S.

August 13, 2024
Pakistan Russia Business Forum a brief introduction
Headline

Pakistan Russia Business Forum a brief introduction

August 16, 2018
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.