Sunday, November 28, 2021
j9-desktop

Manchester United owners Glazers interested in new IPL teams

- Advertisement -

The Glazer family is interested in buying one of the two new IPL franchises that is set to enter the tournament next year. The arrival of the two new teams will take the number of teams in the competition up from 8 to 10. 

According to reports, the cities that could host the two new teams are Ahmedabad, Lucknow, Indore, Cuttack, Guwahati and Dharamsala. The Glazers have purchased the invitation to tender at £10,000 which was initially published in August and has now been rescinded from the market. However, this is not a guarantee that they will submit an offer for the new team. 

The auction for the new teams is set to be held in Dubai this coming Monday, and the formal announcement will be made the following day. 18 other companies are interested in purchasing one of the two new IPL teams, with several Indian companies and CVC Capital Partners also in the list of potential buyers. 

The Glazers currently own Manchester United and Super Bowl champions Tampa Bay Buccaneers. They could boost their sports holding profile with a new team in the IPL, which is arguably the most successful cricket league in the world. 

Both the new teams to be introduced are valued at around £300 million, and will be auctioned off to the highest bidder. The arrival of the Glazers in India would further strengthen Manchester United’s fanbase in the country as well. 

- Advertisement -
Avatar of Arsh Das
Arsh Das
A music enthusiast, also passionate about football and bringing you the latest in the sporting world every day.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.



Related Articles

More To Consider

NordVPN WW

Stay Connected

13,642FansLike
62FollowersFollow
126FollowersFollow
Boat Lifestyle [CPS] IN

Hot Topics

Latest Articles

Trending

Featured

Adblocker detected! Please consider reading this notice.

We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading.

We don't have any banner, Flash, animation, obnoxious sound, or popup ad. We do not implement these annoying types of ads!

We need money to operate the site, and almost all of it comes from our online advertising.

Please add technosports.co.in to your ad blocking whitelist or disable your adblocking software.

×