Cricket News By TODAYLIVESCORE.INFO - Glazers confirm buying team in UAE league. Apart from Manchester United, Avram Glazer, who has been the co-chairman of the Premier League football team since 2005. Pic credit: Emirates Cricket Board
Apart from Manchester United, Avram Glazer, who has been the co-chairman of the Premier League football team since 2005. Pic credit: Emirates Cricket Board
The Glazers of Manchester United have confirmed investment in the UAE T20 League, scheduled to be flagged off early next year. They purchased a franchise in the six-team league through parent company Lancer Capital.
“I am very excited to be a part of UAE T20 at its formation. UAE T20 promises to be a world-class event that will be transformative to the growth of cricket in the Emirates,” said Avram Glazer, chairman of Lancer Capital confirming joining the league in which Reliance Industries-owned Mumbai Indians, Shah Rukh Khan-owned Kolkata Knight Riders and GMR-owned Delhi Capitals are also part of.
Apart from Manchester United, Avram Glazer, who has been the co-chairman of the Premier League football team since 2005, has made investments in a variety of sports properties, including in Tampa Bay Buccaneers in the Super Bowl.
Khalid Al Zarooni, UAE T20 League chairman, said, “I am very excited to welcome Mr. Glazer to the UAE T20 Family! To have a partner who has invested in sports properties with a long-term investment perspective is a testament to the strength of the UAE T20 League's Business Model and its value proposition to its stakeholders and an ode to the UAE as the destination of choice for global sports events.”
Sanctioned by Emirates Cricket Board, the six-team League is scheduled to be held in February and March. The franchise-based tournament, to be held on the lines of Indian Premier League, will have 34 matches.
Mubashshir Usmani, general secretary of Emirates Cricket Board, said; “We are extremely pleased that a legendary sports owner like Avie Glazer has chosen to partner with the League. This is a resounding thumbs-up to the unique opportunity that the UAE T20 league offers to experienced and established sports business owners. Our partnership with Lancer Capital will enable us to combine fans of the two widely followed sports – football and cricket – in a never done before manner.”