Huge drama in PSL 11 Sialkot stallionz owner Kamil Khan resigns amid a 98% of share sale to CD Ventures. Get the latest on the OZ Group Financial Crisis and the future of the Sialkot stallionz franchise.
Ownership Fight and Major Share Sale Explained.
Just weeks before their historic debut in PSL 11, Sialkot Stallions are facing a massive identity and management crisis. What was supposed to be a celebratory lunch has turned into a legal and financial battleground that has left fans wondering Who actually owns the team?
1. The Resignation of Kamil Khan
On February 23, 2026, co-owner Kamil Khan officially announced his departure from the franchise. In a post on X (Twitter), he says recent administrative decisions are the reason for his existence.
“I joined out of love for Pakistan cricket…but following certain management decisions, I have decided to step away, “Khan’s statement
2. The OZ Group Financial Crisis
The trouble began when the original owners, OZ Group, reportedly struggled to meet their financial obligations to the PCB.After winning the franchise bid for a record PKR 1.85 billion, two key partners allegedly pulled out due to the high price, leaving the company ” officially bankrupt” according to recent reports.
3. The 98% Share sale to CD Ventures
To save the franchise from termination by the PCB, a desperate deal was struck on February 22, 2026. CD Ventures ( owned by Gohar Khan) has reportedly acquired 98% of the shares in Sialkot Stallionz.
What This Means for the Fans
. As of now, the squad remains unchanged. However, the coaching staff and management might see a shake-up under the owners, CD Ventures.
. Sialkot Stallionz will still play in PSL 11, but the “Australian -led” management vision of Kamil Khan is now in doubt.
The Stallionz have the most expensive players, but the most unstable management.