The Glazer family, majority owners of Manchester United, have submitted a bid reportedly worth £1.3 billion for the Royal Challengers Bengaluru and Rajasthan Royals cricket teams. This move follows their unsuccessful attempt to acquire IPL expansion teams in 2021.
Despite previous setbacks, the Glazers continue to show interest in expanding their sports portfolio by entering the Indian Premier League, one of the world’s most popular cricket leagues.
**Why this matters**
The Glazers’ involvement in the IPL could signal increased investment and cross-sport ownership trends, potentially influencing the commercial dynamics of both football and cricket. Their entry into the IPL market may also impact the league’s valuation and attract further global attention.
Source: NewsData