UAE T20 League – Adani Group UAE League: Adani Group has made a landmark foray into franchise cricket. Gautam Adani who was recently announced as World’s 5th Richest person has acquired the rights to operate a franchise in UAE’s T20 league. It is worth noting that Adani Group failed in acquiring team in the Indian Premier League (IPL) in October. They subsequently decided to enter in UAE T20 League: Follow Cricket News LIVE Updates with InsideSport.IN
“We are excited to be part of the UAE T20 league,” said Pranav Adani.
“Our presence here is also a great base for the Adani brand. The brand is contributing significantly to the sports ecosystem in India through leagues such as kabaddi”
UAE T20 League: After Ambanis, GMR, Glazer family, now Adani Group announced as owner of franchise in UAE T20 League
Adani Group UAE League: The league is Licensed by Emirates Cricket. The UAE T20 League will be an annual event that will feature six franchise teams. In year 1 it will be a 34-match event.
Top players from all the cricket playing countries are expected to be in the line-up of different teams.
The league will be providing a platform and exposure to upcoming young cricketers.
This will be the first major move overseas by the Adani Sportsline.
Khalid Al Zarooni, UAE’s T20 League Chairman said; “It is a proud moment for us to announce the Adani Group’s association with the UAE’s T20 League as a Franchise team owner”
Adani Sportsline is promoted by the Adani Group.
There diverse businesses include port management, electric power generation and transmission, renewable energy.
Other than this Adanis are also present in mining, airport operations, natural gas, food processing and infrastructure.
The group has annual revenues of over US$20 billion with operations at 70 locations in 50 countries. The group reportedly has a market cap of over $222 billion.
Details of Owners in UAE T20 League promoted by Emirates Cricket Board
The league according to the officials in ECB will commence next year. The 1st edition is likely to be played in the month of January-February.
With the formal arrival of the Adanis, the ECB has all six franchises in place to launch the league.
Six Franchiese in the League & Host Broadcaster
- Adanis
- The Glazers Family
- Dubai-based Capri Global,
- GMR of Delhi Capitals
- Reliance Industries that owns Mumbai Indians team in the IPL as the stakeholders of the league.
- The Emirates Board has already signed media rights deal with the Zee Group.
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