The Adani Group is planning to enter a team in the Dubai T20 League
The Adani Group is in the process of acquiring a cricket franchise. The Ahmedabad-based business house is close to signing up for a team in the Twenty20 competition that the Emirates Cricket Board (ECB) has been trying to start for some time. UAE T20 League is the name of the tournament.
Gautam Adani, who was recently named Asia’s richest man, will soon join an elite group of owners that includes Reliance Industries’ Mukesh Ambani, Bollywood’s Shah Rukh Khan, GMR’s Kiran Kumar Granthi, and Manchester United’s Glazer family. Rajesh Sharma, the owner of the Dubai-based Capri Global company, is the sixth team in this six-team tournament.
Negotiations between the ECB and the Adani group are at an advanced level, according to sources close to both parties. While authorities from the European Central Bank declined to comment, the Adani Group indicated that the deal may be inked in approximately a week.
The league was supposed to take place in January-February, but the organizers were unable to pull it off due to the IPL auction and other stakeholder commitments. The ECB is currently looking into a window in June-July, but there are still concerns about the players’ availability.
Because there are few reputable native UAE players, the league will rely heavily on international players. Many internationals are expected to be preoccupied with FTP commitments during the summer. Furthermore, with day matches ruled out due to the heat in June and July, the league will only be played at night, resulting in a bigger window.
Meanwhile, the Emirates board of directors has already sold the league’s media rights to Zee for a ten-year period for USD 120 million.