Manchester United owners buy team in UAE T20 league

ANI
01 Dec 2021, 17:33 GMT+10

Dubai [UAE], December 1 (ANI): Lancer Capital has made its first-ever historic foray into cricket by acquiring a franchise in the UAE T20 league.

Lancer Capital has investments in a variety of best-in-class assets. The Chairman of Lancer Capital, Avie Glazer, is an owner of the Super Bowl champion Tampa Bay Buccaneers.

Glazer has also been the Co-Chairman of Manchester United since 2005. Manchester United have won more leagues than any other club in English football.

The UAE T20 League is a professional franchise-based T20 format cricket tournament with 6 franchise teams competing in a 34-match event.

Khalid Al Zarooni, UAE T20 League Chairman and Vice-Chairman Emirates Cricket Board said: "I am very excited to welcome Mr. Glazer to the UAE T20 Family! To have a partner who has invested into 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."Avram Glazer, Chairman of Lancer Capital LLCsaid: "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." (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Sports Sun.

More Information

null in null

US Sports

Section

Boston Celtics sold for $6.1 billion to private equity mogul Chisholm

Private equity mogul to acquire NBA's Celtics for $6.1 billion

BOSTON, Massachusetts: Private equity investor William Chisholm has agreed to buy the Boston Celtics in a record-breaking deal worth...

Jackson Chourio, Brewers bid for fast start in opener vs. Yankees

(Photo credit: Mark J. Rebilas-Imagn Images) The Milwaukee Brewers and New York Yankees endured difficult endings to their respective...

Angels release former No. 1 overall pick Mickey Moniak

(Photo credit: Rick Scuteri-Imagn Images) The Los Angeles Angels surprisingly released outfielder Mickey Moniak on Tuesday. Moniak...

Nats LHP DJ Herz (elbow) placed on injured list

(Photo credit: Jonathan Dyer-Imagn Images) The Washington Nationals placed left-hander DJ Herz on the 15-day injured list Tuesday...

D-backs LHP Jordan Montgomery to have Tommy John surgery

(Photo credit: Owen Ziliak/The Republic / USA TODAY NETWORK) Arizona Diamondbacks left-hander Jordan Montgomery will undergo Tommy...

Yankees, Dodgers valued at combined $16B

(Photo credit: Robert Deutsch-Imagn Images) When it comes to the value of Major League Baseball teams, there are the New York Yankees,...

NFL

Section

Yankees, Dodgers valued at combined $16B

(Photo credit: Robert Deutsch-Imagn Images) When it comes to the value of Major League Baseball teams, there are the New York Yankees,...

Getting Ready for Green Bay: ESPN Platforms Ramp Up NFL Draft Coverage with Weekly Specials, Exclusive Content and the Return of Draft-Centric Shows Leading into Next Month's Signature Event

In anticipation of the three-day 2025 NFL Draft kicking off one month from today (April 24), ESPN will amplify content across different...