Lancer Capital, headed by Avram Glazer, co-chairman of prime English soccer membership Manchester United, has made its first foray into cricket by securing a franchise within the UAE League.
Khaled Al Zarooni, President of the UAE T20 League and Vice President of the Emirates Cricket Board, welcomed Glazer to the league.
“For a partner who has invested in sports assets from a long-term investment perspective, the UAE T20 is a testament to the strength of the league’s business model and its value proposition to its stakeholders,” Zarooni stated in a launch.
Lancer Capital has invested in all kinds of best-in-class properties. Glazer is the proprietor of the Super Bowl champion Tampa Bay Buccaneers. He can also be the co-chairman of Manchester United since 2005.
Glaser, chairman of Lancer Capital, stated, “I’m very excited to be a part of the UAE T20 when it was fashioned. The UAE T20 guarantees to be a world-class occasion that will probably be transformative for the event of cricket within the Emirates. ,
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With inputs from TheIndianEXPRESS
