Origins of Ownership: KRR and the Qalandars’ Holding Structure
When Fawad Rana acquired the Lahore Qalandars franchise, ownership was structured through a holding company named Kausar Rana Resources (KRR)—a company named in memory of the brothers’ late mother. At inception, KRR had only two shareholders: Fawad Rana as the majority owner and his younger brother Atif Rana as the minority shareholder.
The franchise’s public identity, grassroots development model, and long-term cricketing philosophy were closely associated with Fawad Rana. From talent hunts to youth programs, Lahore Qalandars’ brand positioning was built around a narrative of patience, development, and emotional investment in Pakistani cricket—an association that now forms a key part of public sentiment surrounding the dispute.
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