London 2 hours ago
Copy link
The RPSC Group, who owned the IPL franchise Lucknow Super Giants on Monday, acquired the right to partnership with Lancashers for the operation of Manchester Originals, the team of England's League The Hundred.
According to Cricinfo, the RPSC group of Sanjeev Goenka made the highest bid of about Rs 1252 crore to get a 49 percent stake in the English franchise. The group on Friday failed for 'London Spirit'. The auction was won by a Tech Consortium in Silicon Valley.
Sanjeev Goenka is the owner of the IPL franchise Lucknow Super Giants.
Lancashire said in a statement- Lancashire issued a statement on Monday afternoon confirming the deal.
We were looking for a great partner. The RPSG group has been our favorite bidder for some time. We are very happy with this conclusion. We are excited to create a great future together. Our joint target is to create a special cricket team for the people of Manchester and North West region.
The terms of the deal will be discussed in the next 8 weeks According to the report, 'Both sides (Lancashers and RPSG Group) will now discuss the terms of the deal for 8 weeks. Lancashere has earlier suggested that he is ready to discuss some of his 51 percent stake. However, this amount should be so high that they are able to repay an important part of their bank loan.
,
Cape Town defeated capitals by 95 runs in Sa20
Mi Cape Town defeated Pretoria Capitals by 95 runs in Newlands on Sunday. The team ended the league stage while staying at the top in the points table. The team will face Parl Royals in Qualifier-1 on 4 February tomorrow.
Graphics Source: NavJivanIndia | VaskarAssets
