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    Delhi Capitals co-owners GMR aquire majority stake in Hampshire
    Image Source: IANS
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    Delhi Capitals Co-owners GMR Aquire Majority Stake In Hampshire

    By IANS News September 30, 2024 • 16:08 PM View: 669
    ECB Chief Executive Officer: GMR Group, an Indian conglomerate who are co-owners of IPL franchise Delhi Capitals, have completed the takeover of a majority stake in the Hampshire County cricket team.

    The GMR Group will initially acquire a majority stake in Hampshire Sport & Leisure Holdings Limited, with the completed acquisition of 100% ownership expected within the next 24 months.

    The move makes Hampshire the first side in county cricket to be owned by an overseas entity, and will be interesting to see if the process will involve GMR Group acquiring a 51 per cent majority share in The Hundred side Southern Brave.

    TAGS Delhi Capitals GMR Group Hampshire County GMR Group Hampshire Sport Leisure Holdings Limited Southern Brave Utilita Bowl Kiran Kumar Grandhi Corporate Chairman Dubai Capitals Pretoria Capitals Seattle Orcas
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