Delhi Capitals are in advanced discussions to purchase stakes in English county team Hampshire, according to reports. The GMR Group, co-owners of the IPL franchise, is reportedly close to finalizing a deal to acquire the majority share of the club from former Hampshire chairman Rod Bransgrove. If the agreement goes through, Hampshire would become the first county side owned by an overseas franchise. The acquisition could benefit GMR by allowing them to establish a presence in English cricket and potentially gain a first-mover advantage in The Hundred franchise tournament. Reports also suggest that the ECB is exploring the possibility of opening up 50 percent stakes in a few Hundred teams and allowing host counties the option to sell their shares. Bransgrove, who served as Hampshire’s chairman for nearly 23 years, still holds a majority share of over 60 percent and has the flexibility to sell his stakes without fan input. GMR currently holds a 50 percent stake in the Delhi Capitals and also has interests in other cricket franchises around the world.
The Latest World Cup Matches: Stats, Results, and Stand-Out Performers
The India vs New Zealand semi-final at ICC World Cup 2023 promises to be a thrilling encounter, potentially extending to…
CSK and GT Battle for High-Value Player: Ashwin Shares Prediction
Ahead of the IPL auction, India spinner Ravichandran Ashwin shared insights on potential strategies for the IPL 2024 auction. International…
Finn Allen and Adam Milne Lead New Zealand to Victory Over Pakistan, Extend Series Lead to 2-0
New Zealand won the second T20I, leading 2-0 in the 5-match series. Babar Azam’s half-century was not enough as New…