Lancer Capital acquires franchise in UAE T20 league

Lancer Capital acquires franchise in UAE T20 league

Avie Glazer, chairman, Lancer Capital, has been the co-chairman of Manchester United since 2005

Lancer Capital has acquired a franchise within the UAE T20 league. This announcement marks Lancer Capital’s foray into cricket. Avie Glazer, chairman, Lancer Capital, is an proprietor of the Nationwide Soccer League staff Tampa Bay Buccaneers and he has additionally been the co-chairman of Manchester United since 2005. “Our partnership with Lancer Capital will allow us to mix followers of the 2 broadly adopted sports activities – soccer and cricket – in a by no means executed earlier than method,” Mubashshir Usmani, common secretary, Emirates Cricket Board, mentioned.

“We’re extraordinarily happy {that a} legendary sports activities proprietor like Avie Glazer has chosen to associate with the UAE T20 League. This can be a resounding thumbs as much as the distinctive alternative that the UAE T20 league affords to skilled and established sports activities enterprise homeowners,” Usmani added.

Associated Information

For Khalid Al Zarooni, chairman, UAE T20 League and vice chairman, Emirates Cricket Board, having a associate like Glazer who has invested into sports activities properties with a long run funding perspective is a testomony to the energy of the UAE T20 League’s enterprise mannequin and its worth proposition to its stakeholders. The partnership is an ode to the UAE because the vacation spot of selection for international sports activities occasions, Zarooni mentioned.

The UAE T20 League is knowledgeable franchise-based T20 format cricket match with six franchise groups competing in a 34-match occasion. UAE T20 League, sanctioned by Emirates Cricket Board, will likely be held yearly. Indian broadcaster Zee Entertainment Enterprises Restricted (ZEEL) has acquired the published rights for the UAE T20 League for 10 years. “UAE T20 guarantees to be a world class occasion that will likely be transformative to the expansion of cricket within the Emirates,” Glazer mentioned.

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