Dreamed Goenka, president of the RPSG group and owner of Lucknow Super Giants, secured a stake in the Manchester Originals franchise in the hundredth. According to reports, the dreamy Goenka acquired a 49% stake in Manchester original after surpassing several competitors, including another IPL franchise.
The Cricket Committee in England and Wales (ECB) sells 49% of roles in teams from hundreds, while hosts retain 51% of the share, which they can decide to retain or sell. The England Committee will continue to monitor the tournament, and they aim to raise funds by bringing investors to England cricket.
Hundred has eight teams: Birmingham Phoenix, London Spirit, Manchester Originals, Northern Superchargers, Oval Invincibles, Southern Brave, Trent Rockets and Welsh Fire. Reliance Industries provided 49% of the stake in oval distrustful substances. The group also owns Mumbaj Indians in IPL -UI teams in South Africa, UAE and USA.
RPSG Group Dreak Goenka gets a 49% stake in Manchester original
Lancashire, who holds roles in the Manchester original, was looking for an IPL partner and finished his job on Monday. RPSG secured a 49% stake in a team at £ 53m. Manchester Originals is estimated at £ 107m – half of the London Spirit £ 195 million after sale to the US technological consortium.
According to Cricbuzz, a dreamy Goenka competed on a three -hour auction for a share in London Spirit on Friday. However, he lost to Silicon Valley’s technological company, which evaluated the team at £ 295 million. A dreamy goenka, who already owns Durban Super Giants in SA20, added Manchester Originals as his third franchise.
We were very focused on ensuring a great partner – Lancashire
Lancashire’s statement confirmed their focus on finding a strong partner. The statement also shared a vision for the construction of a special cricket for Manchester and the North West region.
“We were very focused on ensuring a great partner – in ideal case than IPL – and RPSG has been our preferred bidder for some time,” Lancashire said.
“We are delighted with the outcome and we look forward to working together to create an exciting future. Together we have a common ambition to create a very special cricket for people of Manchester and the wider North West region.”
RPSG Group becomes the second owner of the IPL that has gained a stake in a hundred teams
The dreamy Goenka spent the Inr 7090 Crore (£ 680m) to acquire the Lucknow IPL 2021 franchise. The following year he bought Durban franchise in SA20. Goenka owned Rising full supergiant, who participated in the 2016 and 2017 seasons when Chennai Super Kings and Rajasthan Royals were suspended.
RPSG Group becomes the second owner of the IPL, after the Reliance, to gain a stake in a hundred team. Sun Group, owners of Sunrizes Hyderabad, are reportedly interested in both northern Superchargers and Trent rockets. GMR Group, co -owners Delhi Capitals, is expected to buy a stake in the southern brave.
