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Arbitration battle: Fawad Rana vs Qalandars

Sports

Lahore Qalandars Ownership Dispute: Arbitration Orders Rs 2.3 Billion Payment or 51% Share Reversal to QALCO

Arbitration orders Atif and Sameen Rana to pay Rs 2.3 billion or return 51% Lahore Qalandars shares to Fawad Rana’s QALCO.

What Happens Next

Appeal/Challenge: Atif and Sameen Rana are expected to contest the arbitration award.
Enforcement: If upheld, the Lahore High Court will supervise execution—either payment or share reversal.
PSL/PCB Oversight: Any ownership change may require acknowledgment by the Pakistan Cricket Board under league governance rules.

Until judicial review concludes, ownership of Lahore Qalandars remains legally contested.


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