Manchester United’s co-chairman buys T20 franchise in new UAE league
Dec 2, 2021: Manchester United co-chairman Avram Glazer has acquired a franchise for a new T20 professional cricket league in the United Arab Emirates (UAE), organizers announced on Wednesday.
Glazer, who also owns NFL Super Bowl winners Tampa Bay Buccaneers, completed the purchase in his role as chairman of private equity firm Lancer Capital.
The UAE T20 League is a professional six-team competition approved by the Emirates Cricket Board and will be held for the first time in February and March 2022. Wednesday’s announcement came as the Glaser family were outbid in their attempt to purchase one of the two new franchises in the money-making Indian Premier League – the forerunner of all current global T20 franchise cricket events.
“I am very excited to be a part of the UAE T20,” said Avram Glazer. “The UAE T20 promises to be a world-class event that will transform the development of cricket in the UAE.”
Khalid Al-Zarrouni, Chairman of the UAE T20 League and Vice Chairman of the Emirates Cricket Board, added: “I am very excited to welcome Mr Glazer into the UAE T20 family.”
“Having a partner who has invested in sports property with a long term perspective is proof of the strength of the UAE T20 League’s business model and its importance to fans and its stakeholders, and a message to the UAE as a destination of choice for the World Cup.”
The names of the franchises have yet to be announced.
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