Keeping in view the reports that the bidding will again cross Rs 5 million, he is now reconsidering his decision.
Lahore (Pakistan Point News – 17th December, 2018) Ali Khan Tareen, the son of Pakistan Tehreek-e-Insaf senior leader Jahangir Tareen, is reconsidering his decision to buy the sixth team of the fourth edition of Pakistan Super League (PSL).
He said that he was planning to bid for the team expecting a price around Rs 4 million. Keeping in view the reports that the bidding will again cross Rs 5 million, he is now reconsidering his decision.
“Last year when Multan Sultans was sold for 5.2m, I felt it was overpriced. A year later the owners failed to pay PCB, leading to new bids. To keep the team in South Punjab, I planned to bid expecting a price around 4m. But khabr hai ke phir 5m cross ho ga. Now Im reconsidering,” he wrote.
In another tweet, Ali said although these are just rumours, the initial bid last year was over Rs 5 million.
“Obviously the khabr that some bidders will cross 5m are just rumours. Some group even told me they’re bidding 7m! People made similar claims last year but no ones initial bid was over 5m. #HavaiFire” he added.
The owner of the sixth team will however be decided after tenders will be issued.