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Indian Premier League franchise, Delhi Capitals, is set to make a massive investment in English cricket as the Delhi-based franchise is in 'advanced talks' to buy stakes in county side Hampshire as per a media report. Despite being part of the IPL since its inception, the Capitals have failed to win the tournament while making the playoffs five times and reaching the final once.
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As per a report in the 'Daily Telegraph', former Hampshire chairman Rod Bransgrove is nearing a deal to sell the team to the co-owners of Delhi Capitals, GMR Group. Bransgrove, despite leaving his post last year after a 23-year stint, holds a 60% majority share in the club
"Hampshire County Cricket Club's majority shareholder is in advanced talks to sell his stake to the part-owners of Indian Premier League team Delhi Capitals," the report said. If the deal goes through, Hampshire will be the first county side 'to be owned by an overseas franchise'.
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GMR own a 50 per cent stake in Delhi Capitals IPL and Women's Premier League (WPL) teams. Similarly, the group also owns Dubai Capitals in the UAE's ILT20 and the USA's Major League Cricket side Seattle Orcas. Adding a County side, to this portfolio could create a new platform for player development and recruitment.
