Knight Riders to invest in US-based Major League Cricket

NEW DELHI: 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.

"For several years now, we have been expanding the Knight Riders brand globally and closely watching the potential for T20 cricket in the USA. We are convinced that Major League Cricket has all the pieces in place to execute on its plans and we look forward to making our partnership an enormous success in the coming years," said Shah Rukh Khan in a statement.

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." IANS

Also Read:  Very surprising nobody went after Holder in IPL auctions: Gambhir

Also Watch: Assam Bid Adieu to Fmr CM Tarun Gogoi