comScore
Active Stocks
Mon Dec 11 2023 12:25:17
  1. Tata Steel share price
  2. 130 0.62%
  1. Bharti Airtel share price
  2. 993.95 -0.56%
  1. Tata Motors share price
  2. 721.7 0.99%
  1. State Bank Of India share price
  2. 615.25 0.2%
  1. ITC share price
  2. 451 0.41%
Business News/ Sports / Cricket News/  Knight Riders acquires Abu Dhabi franchise in new T20 League
Back Back

Knight Riders acquires Abu Dhabi franchise in new T20 League

Franchise deal was inked between Knight Riders Group, majority-owned by Bollywood superstar Shah Rukh Khan, and UAE’s T20 League chairman Khalid Al Zarooni

Knight Riders Group is led by Bollywood actor Shah Rukh Khan, along with Juhi Chawla and her husband Jay Mehta, (REUTERS)Premium
Knight Riders Group is led by Bollywood actor Shah Rukh Khan, along with Juhi Chawla and her husband Jay Mehta, (REUTERS)

New Delhi: UAE’s T20 League has announced that the Knight Riders Group has acquired the rights to own and operate the Abu Dhabi franchise and will set up Abu Dhabi Knight Riders (ADKR) as an integral part of the UAE’s flagship T20 league.

Over the last decade, the Knight Riders Group has become a household name in T20 cricket. After establishing Kolkata Knight Riders (KKR) in 2008 in the Indian Premier League (IPL), the Knight Riders became owners of the Trinbago Knight Riders (TKR) in the Caribbean Premier League (CPL) in 2015.

Recently, the Knight Riders Group made a significant investment in Major League Cricket (MLC) in the US and intends to set up a franchise in the greater Los Angeles area.

This investment by the Knight Riders Group, which is led by Bollywood actor Shah Rukh Khan, along with Juhi Chawla and her husband Jay Mehta, will establish their 4th T20 franchise around the world in IPL, CPL, MLC and now in UAE’s T20 league.

Shah Rukh Khan said, "For several years now, we have been expanding the Knight Riders brand globally and closely watching the potential for T20 cricket in the UAE. We are excited about becoming part of this league, which no doubt will become hugely successful."

Khalid Al Zarooni, UAE’s T20 League chairman said; “The commitment to grow the T20 format and the expertise gathered by the Knight Riders Group, through their involvement in franchise cricket across the world, is undisputed. We are exceptionally pleased with their foresight to join forces with the UAE’s T20 League and firmly believe it will elevate the reputation, and professionalism of the League throughout the cricket community."

UAE’s T20 League will attract some of the biggest names in world cricket while also giving a platform and international exposure to local and upcoming players, said Mubashshir Usmani, General Secretary Emirates Cricket Board said.

Adani Sportsline, Reliance subsidiary Reliance Strategic Business Ventures as well as GRM Group own franchises in the league.

Milestone Alert!
Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more.

ABOUT THE AUTHOR
Varuni Khosla
Varuni Khosla is a journalist with close to 14 years of experience in writing business news stories for mainstream newspaper companies like Mint and The Economic Times. She reports and writes on luxury and lifestyle brands, hospitality and tourism news, the business of sports, the business of advertising and marketing and alcohol brands.
Catch all the Sports News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 13 May 2022, 05:17 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App