Delhi Capitals buy Hampshire
Delhi Capitals buy Hampshire
Delhi Capitals buy Hampshire
News summary

The GMR Group, co-owner of the IPL franchise Delhi Capitals, has agreed to a £120 million deal to acquire a majority stake in Hampshire County Cricket Club, marking the first time an overseas entity will own a county team in England. The deal includes taking control of the Utilita Bowl stadium, a Hilton hotel, and a golf course at the venue, and will see GMR also obtain a 51% stake in The Hundred franchise Southern Brave with an option for full ownership. GMR's bid surpassed that of rival IPL franchise Lucknow Super Giants and comes amidst Hampshire's increasing value due to an attractive international fixture list and debt considerations. The England and Wales Cricket Board (ECB) must ratify the agreement, which is expected to open pathways for Hampshire to recruit players from Delhi Capitals for local tournaments. Additionally, discussions are ongoing regarding a potential investment by Rajasthan Royals in Yorkshire County Cricket Club. The move signifies a growing trend of Indian franchises expanding their influence in international cricket.

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