IPL-based franchise Mumbai Indians acquire a team in the UAE T20 league to have a stake in one of the newest leagues in world cricket. As soon as the announcement of the UAE T20 League made by Emirate’s cricket board many sports business entities showed interest and made bids to have their stake in the upcoming franchise T20 league. Together with Mumbai Indians, Kolkata Knight Riders are also interested in buying a franchise.
Incidentally, all Indian franchises that have stakes in other leagues own by Indian Bollywood celebrities in association with their other business partners.
- Also, You can read: Glazer Confirms Buying Team in UAE League
Indian Business tycoons’ presence in Emirates T20 League suggests lots of money involved in the UAE league. Hence franchise owners will be able to attract highly-rated international cricketers by offering them lucrative deals. Therefore they prefer PLT20 over other franchise cricket leagues taking place around the globe.
In brief news of Mumbai Indians to acquire team in the UAE T20 league will bring in lots of money and big star players in the United Arab Emirates Premier League T20 tournament.
IPL Franchises in Other T20 Leagues
Besides stakes in IPL franchises, Indian business groups also have stakes in other leagues around the world.
Mumbai Indians are owned by India’s business giants Reliance Industries Limited (RIL). Thus Reliance followed in the footsteps of Punjab Kings owned by Pretty Zinta, Rajasthan Royals owned by Shilpa Shetty, and Kolkata Knight Riders owned by famous Bollywood actor Shahrukh Khan.
- Barbados Royals in Caribbean Premier League bought by the owner of Rajasthan Royal Shilpa Shetty.
- St Lucia Kings in CPL is owned by Punjab Kings owner Pretty Zinta.
- Trinbago Knight Riders were purchased by Shahrukh Khan of Kolkatta Knight Riders.