The Delhi Capitals, a franchise in the IPL, have recently invested in a new T20 tournament in the US. It demonstrates the team’s ambition to increase its global presence. As part of this venture, the Delhi Capitals co-owner, GMR Group, has formed a partnership with a group of investors. The partnership includes Satya Nadella, the India-born CEO of Microsoft Corp.
The investment is focused on the Seattle Orcas, a team that will be competing in the Major League Cricket (MLC), set to begin in July. The Delhi Capitals have made this move as part of their expansion plan. They already own teams in men’s T20 leagues in South Africa and UAE, as well as in the Women’s Premier League in India.
This acquisition is an exciting opportunity for the Delhi Capitals to diversify their portfolio of teams and to explore new markets. The investment in the Seattle Orcas will allow them to tap into the growing interest in cricket in the US. And it will provide a chance for them to showcase their skills on the global stage. This move is indicative of the continued expansion of the IPL teams and their ambition to become dominant players in the global cricket scene.
Delhi Capitals Co-owner statement
“We see America as the new frontier for cricket’s growth globally. The Pacific Northwest provides an incredible opportunity for us to bring the resources of GMR Sports to the region …”
Kiran Kumar Grandhi, Managing Director and CEO of GMR Group said.
KKR, who were among the first investors in MLC, now possess the Los Angeles franchise. They are constructing a stadium in southern California that can accommodate 10,000 people. According to ESPNcricinfo, MI have purchased the MLC’s New York franchise. While CSK have partnered with a local investor to obtain the Texas franchise. The first-ever MLC tournament, featuring six teams, is scheduled to take place in Dallas from July 13-30.
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