Fawad Rana Wins Lahore Qalandars Ownership Dispute Against Brothers

Fawad Rana, the first founder of Lahore Qalandars and leader of QALCO recently won a huge arbitration case in which he sued his younger brothers, Atif Rana and Sameen Rana. Following a protracted argument between the true owners of the team, a tribunal declared the shares stolen off Fawad. At this point, the younger brothers have to pay or give the keys of the franchise back.

A tribunal of arbitration headed by Justice (retd) Maqbool Baqer made a historic decision on January 21, 2026. The court ruled that Fawad Rana was a victim of fraud of transfer of shares. It was indicated that Fawad did not even reside in the country when his brothers, Atif Rana and Sameen Rana, were purportedly saying that he had signed a renunciation of his rights.

The ruling gives Atif Rana and Sameen Rana a strict 45-day deadline. They must either:

• Return 51% of the shares to Fawad’s company, QALCO, giving him full management control.
• Pay Rs 2.3 billion plus markup. With interest, this total now clears Rs 3 billion.

The tribunal also uncovered a secret deal where the younger brothers sold 30% of the team to a “Mr. Niazi” for $5 million without telling Fawad. They now have to account for every penny of those profits.

Fans know Fawad Rana as the heart of the Qalandars. He built the brand and the famous Player Development Program that found stars like Haris Rauf. While Atif Rana and Sameen Rana plan to appeal the decision, legal experts say this win puts Fawad back in the driving seat. For now, the “King of Qalandars” is officially on the verge of a massive comeback.