The Silicon Valley Consortium beat the RPSG group of a dreamy goenka to get London Spirit in a hundred
A consortium in the Silicon Valley won the rights of bidding to acquire a 49% share of London Spirit in a hundred. The consortium beat the RPSG group of a dreamy goenka, which owns Lucknow Super Giants in IPL, on the offer that took place on Friday (January 31).
In the meantime, the Silicon Valley consortium is led by Nikesh Arora from Palo Alto Networks with an incredible amount of £ 295 million. Their 49% share means that they will pay £ 144.5 million, while Marylebone Crickket Club (MCC) will retain the position of the majority shareholder on the team.
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The Silicon Valley consortium acquires the London spirit in a hundred
The price of £ 295 million is higher than double the value of the floor, which was previously set for London Spirit based on attractive investors’ offerings. He shows the value of the club and is a domestic master in sports.
The income that will be collected in the sales process will be divided between 18 first-class counties, MCCs and a recreational game designed to improve the county crunch over the next 20 years.
The name of the consortium is the cricket of the Investor Holdings Limited. Includes some of the largest names of the technological industry around the world such as Sundar Pichai (Google CEO), Satya Nadella (Microsoft CEO), Shantano Narayen (Executive Director of Adobe) and Egon Durban (Executive Director of the Silver Lake Management Management Board). The group also includes Arora himself and Satyan Gajwani, Vice President of Times Internet and one of the co -founders of the Major League.
Consortium offers were led by Nikesh Arora and Satyan Gajwani, who were among the latest investors to enter this race. A total of 11 individuals were involved in the consortium. The RPSG Group decided to leave the competition on the £ 292 million mark.
MCC wants to work together with a consortium
MCC, Mark Nicholas, was pleased to have found a capable partner who would lead the team. For years he spoke about the importance of an iconic gentleman and aims to build for years on a good relationship with a consortium.
“We are delighted to find partners who share our values and understand the power and mysticism of the Lord. We look forward to being based on a happy relationship we have already established in the last few weeks,” Nicholas told the MCC members on January 31. evening.
“Today’s announcement shows what we as members have always known: our club is special. Because of that, people want to be connected to us. I hope that all members are as proud as me and excited about the possibilities ahead,” he added.
London Spirit are currently veterans of hundreds of women. However, their male team has only won in three matches in the last few seasons. The London Spirit finished the bottom of the score of points in the 2024 season.
Due to an intense war in the London spirit, there was a three -hour delay during the start of the Welsh Fire process. A minority right for the Velski fire was later acquired by Sanjay Govil, an American technological entrepreneur who also owns Washington Freedom in MLC.
New Focus for a RPSG Group Dreamed Goenka
After the disappointment of London Spirit, the RPSG group will now focus on buying a Manchester original, a second high -assessment team. Original offers will be held next week. The RPSG group has already had some meetings with Lancashire in the last few months.
The RPSG group, led by the billionaire of a dreamy Goenko, owns Lucknow Super Giants in IPL. It is also the most expensive team in the Indian Premier League.
Reliance Industries Limited, which previously bought a 49% stake in oval distrust, was also earlier in the original race, but will be out of the race after he has now secured the team.
