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The RPSC Group, who owns the IPL team Lucknow Super Giants, has purchased the partnership rights of Manchester Originals, the franchise of England’s League The Hundrade on Monday. The group of Sanjeev Goenka gained the right to partnership with Lancashere.
According to Cricinfo, the RPSC group made the highest bid to gain 49 percent stake in the English franchise. The group on Friday failed for ‘London Spirit’. However, the group won the franchise of The Hundred in Manchester in about 116 million pounds.
Sanjeev Goenka is the owner of the IPL franchise Lucknow Super Giants.
The terms of the deal will be discussed in the next 8 weeks According to the report, ‘Both sides (Lancashers and RPSG Group) will now discuss the terms of the deal for 8 weeks. Lancashere has earlier suggested that he is ready to discuss some of his 51 percent stake. However, this amount should be so high that they are able to repay an important part of their bank loan.
Goenka bought a league in SA20 2 years ago RPSG Group President and founder Goenka bought the Lucknow franchise in the IPL in 2021 for Rs 7,090 crore before purchasing the Durban franchise in SA 20 in 2022. Earlier, Rising was also the owner of Pune Supergiant. The RPSG Group participated in the IPL season of 2016 and 2017, when Chennai Super Kings and Rajasthan Royals were suspended. See the performance of LSG in the IPL ahead …
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