Thursday, March 28, 2024
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Knight Riders to invest in American Cricket

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NEW DELHI, Dec 1: The Knight Riders Group, which already owns Kolkata Knight Riders in the Indian Premier League and the Trinbago Knight Riders in the Caribbean Premier League, will be making a “a significant long-term investment” in the future of American cricket as they have become stakeholders in the US-based Major League Cricket (MLC), the multi-million dollar T20 tournament expected to start in 2022.
The investment by the Knight Riders Group, which is led by Bollywood actor Shah Rukh Khan along with Juhi Chawla & her husband Jay Mehta, is part of a strategic long-term investment to help USA Cricket run the six-team T20 league.
American Cricket Enterprises (ACE), USA Cricket’s partner in developing a professional T20 league in America, had invited the Knight Riders Group.
Venky Mysore, the CEO of KKR and Red Chillies Entertainment said, “We have had a keen interest in the developments in the United States and our expansion into the US is consistent with our long-term strategy.”
MLC will be the first professional T20 league in America if and when it is launched. The tournament was slated to take place over the span of nine weeks starting from July 4 in 2021 but was postponed following the outbreak of coronavirus.
San Francisco, Chicago, Boston, Seattle, Houston, Dallas, Atlanta and Washington, D.C. were among the 22 locations touted for the tournament when the league was announced in February this year. (IANS)

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