Man United co-chairman buys UAE T20 franchise

Wednesday, 1 December 2021 18:26

By ARN News Staff

Lancer Capital has made its first ever foray into cricket by acquiring a franchise in the UAE T20 league.

The company's chairman Avram Glazer is also the co-chairman of Manchester United, and an owner of the Super Bowl champion Tampa Bay Buccaneers.

The newly established UAE T20 League is a professional franchise-based Twenty20 format cricket tournament with 6 franchise teams competing in a 34-match event.

It is scheduled to be held in February and March 2022.

"UAE T20 promises to be a world class event that will be transformative to the growth of cricket in the Emirates," said Glazer.

"To have a partner who has invested into sports properties with a long term investment perspective is a testament to the strength of the UAE T20 League’s Business Model and its value proposition to its stakeholders and an ode to the UAE as the destination of choice for global sports events," said Khalid Al Zarooni, UAE T20 League's Chairman and Vice Chairman of Emirates Cricket Board.

📢 BREAKING 📢

"Franchise in UAE T20 League acquired by Lancer Capital"

Read more about this EXCITING, HISTORIC partnership 👉 https://t.co/MUof4xJSI9 #UAECricket #Cricket #UAET20League pic.twitter.com/k5qV9R0XaN
— UAE Cricket Official (@EmiratesCricket) December 1, 2021

More from Sports News

India's Gukesh becomes youngest world chess champion

Teenager Gukesh Dommaraju of India became the youngest chess world champion by beating defending champion Ding Liren of China on Thursday in a dramatic turn of events in the last game of a 14-game match in Singapore.
Saudi Arabia confirmed as 2034 World Cup hosts

Saudi Arabia will host the FIFA World Cup in 2034 while the 2030 edition will be held in Spain, Portugal and Morocco, with one-off matches in three South American countries.
FIFA to confirm World Cup hosts, Saudi set to stage 2034 tournament

FIFA is set to confirm the hosts of the 2030 and 2034 men's World Cups on Wednesday, with a three-continent, six-nation bid led by Morocco, Spain and Portugal to be awarded the former and the latter going to Saudi Arabia.
Scottie Scheffler named PGA Tour player of the year

Following arguably the most dominant year of golf since Tiger Woods was in his prime, Scottie Scheffler received the PGA Tour Player of the Year award on Tuesday night.
MacIntyre, Hatton and Scott confirmed for Hero Dubai Desert Classic

European Ryder Cup stars Robert MacIntyre and Tyrrell Hatton, and Major winner Adam Scott are the latest stars to confirm their return to the Hero Dubai Desert Classic, while PGA TOUR winner Akshay Bhatia will make his debut at the Emirates Golf Club from January 16-19.