Multan Sultans is a Pakistani professional Twenty20 franchise cricket team representing Multan, a city in southern Punjab, in the Pakistan Super League (PSL). The team was established in 2017 as the sixth franchise of the league, added ahead of the third season. The team plays its home matches at the Multan Cricket Stadium.
Initially, the franchise was owned by Schön Properties for US$41.6 million over eight seasons, but the contract was terminated in 2018 after payment defaults. Later that year, a consortium led by Alamgir Khan Tareen and Ali Khan Tareen acquired the team. Alamgir Tareen became the sole owner in 2021 and remained in that role until his passing in 2023. The franchise is currently managed by the Tareen family group.
Multan Sultans won their first PSL title in the 2021 season by defeating Peshawar Zalmi in the final. The franchise reached the finals in four consecutive seasons between 2021 and 2024, winning once and finishing runners-up three times, establishing itself as one of the PSL’s most consistent sides.
The team is currently coached by Abdul Rehman, with Mohammad Rizwan serving as captain since 2021.
In April 2017, a few weeks after the conclusion of the 2017 Pakistan Super League, PSL chairman Najam Sethi announced that a sixth team would be added for the third season. The Pakistan Cricket Board (PCB) short-listed five regions as possibilities for the new franchise. In June 2017, the franchise was officially established after Schön Properties won the bid for an eight-year contract against ten other contesting bidders.
On 10 November 2018, the PCB announced that the franchise agreement with Schön Properties had been terminated and all rights in respect to the franchise were returned to the board. The termination followed the franchise’s failure to pay the annual fee required by the PCB. The PCB temporarily took over the management of all player and coaching contracts while launching a new public tender to sell the repackaged rights for the franchise.
In December 2018, the Multan Consortium, led by Alamgir Khan Tareen and Ali Khan Tareen, won the bid for the team. In 2021, Alamgir Khan Tareen became the sole owner of the franchise and remained in that role until his passing in 2023. The franchise is currently managed by the Tareen family group.
In 2025, the franchise became involved in a public dispute with the PCB regarding the Pakistan Super League's financial and operational structure. In April, franchise owner Tareen criticised the board's approach to the league's expansion and revenue model, arguing that the upcoming season lacked meaningful innovation despite being promoted as the "biggest ever." Later that month, reports indicated that the franchise might seek fresh bidding terms due to the PCB's new requirement of a 25% increase in annual franchise fees. On 23 October 2025, the PCB issued a suspension and termination notice to the Multan Sultans over alleged contractual breaches, warning that the team's rights could be revoked if the issue was not resolved. Sultan's future participation in the league is uncertain pending a legal resolution between the board and franchise.