IPL Franchise Delhi Capitals Owners Agree To Buy Major Stake In English County Side Hampshire Takeover
The GMR Group, co-owners of Delhi Capitals IPL team, have bought a stake in the takeover of Englishi cricket county side Hampshire.
London: The GMR Crew, co-owners of Indian Premier League (IPL) franchise Delhi Capitals, has agreed to a kind out English county crew Hampshire to retailer for its best shares value 120 million kilos (approximately Rs 1,278 crore). Hampshire will cease up the first county aspect to be owned by technique of an remote areas entity, as the GMR Crew will now have tackle over Fifty one per cent of the crew’s shares.
“The Delhi part-owners are understood to have beaten a second bid from rival Indian Premier League franchise Lucknow Terrific Giants with a thought which values Hampshire at £120 million, even on the opposite hand it that cost contains the club’s money owed of around £60 million,” the Telegraph pronounced.
Additionally, the GMR Crew will also take tackle of the Utilita Bowl (cricket stadium at Hampshire), the Hilton resort and a golf direction on the equal venue.
The owners of the Delhi Capitals have agreed a £120 million deal to retailer for Hampshire. First county club ever to be supplied. percenttwitter.com/XtyH74I5XX
— Himanshu Pareek (@Sports_Himanshu) August 1, 2024
Except being the co-owners of the Capitals, the GMR Crew also has equal stakes in Dubai Capitals, the ILT20 aspect in the UAE, and Seattle Orcas, the Great caliber League Cricket outfit in the United States. The England and Wales Cricket Board (ECB), the Hampshire club officials and the institution new owners are expected to make an legitimate announcement soon in regards to the deal.
As a replacement than the massive funding, the take over open up the risk of Hampshire gaining get entry to to enormously a kind of Delhi Capitals’ youthful avid gamers for home tournaments equivalent to the Hundred.
Nevertheless, immediately, the Board of Do something about for Cricket in India (BCCI) does now now not enable stuffed with life Indian cricketers to play in remote areas tournaments. In any other meaningful enchancment, Yorkshire, any other English county aspect, has reopened their talks with Rajasthan Royals for a probable takeover of the Headingley based club.
Nevertheless, this would require a consent from 6000 Yorkshire members by technique of creating use of a ballot.
What's Your Reaction?
