Lancashire has assured IPL partner that they wanted to direct Manchester as a joint company, with the Sanjiv Goenka RPSG group presenting the highest offer for a 49% participation in the one hundred franchise on Monday.
RPSG Group, who owns Lucknow Super Giants, were the loser bidders at a three -hour auction for a participation in London Spirit on Friday, which was finally won by a consortium by Silicon Valley Tech that valued the franchise based in the man with £ 295 million. But RPSG has now assured a one hundred Manchester -based franchise at a 100% assessment above £ 100 million, understood is around £ 116 million.
Espncricinfo revealed for the first time last August that RPSG group officials had visited Emirates Old Trafford, with Lancashire executive president Daniel Gidney, making clear in an interview their desire to work with an IPL franchise. The initial list of Lancashire also included the owners of the Indians of Mumbai, Reliance Industries Limited (RIL), who abandoned the tender for the originals after ensuring a participation in oval invincibles last week.
Lancashire has actively cultivated his profile in India in recent years with a deliberate strategy that has included pre -season tours of men and women and signing the Indian internationals Shreyas Iyer, Washington Suandar and Venkatesh Iyer as foreign players. They are scheduled to return to India next month as part of a preseason tour.
Goenka, president and founder of Business conglomerate RPSG Group, paid INR 7090 million rupees (£ 680m approx. At that time) to buy the Lucknow IPL franchise in 2021. He bought the Durban franchise in the SA20 the following year, and previously it was the Rising. Pune Supergiant. RPSG participated in the 2016 and 2017 IPL seasons, while Chennai Super Kings and Rajasthan Royals were suspended.
The agreement makes the RPSG group the second owner of IPL to buy a participation in one hundred teams, after trust. It is understood that the owners of Sunrisers Hyderabad, are interested in both the North Superchargers and in the Rockets Trent, while GMR Group, the co -owners of Delhi Capitals, is widely expected to ensure participation in Southern Brave, after buying Hampshire County Hampshire of the host county directly last year.
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