The GMR Group, as expected, has assured a participation in southern Brave to conclude the process of the capital sales ECB in the hundred. GMR, co -owners of the IPL Delhi Capitals team, were already the senior shareholders of the host Hampshire county, after having bought former owner Rod Bransgrove last year.
GMR Group, a conglomerate of Indian infrastructure, has teams in several T20 leagues worldwide, including Delhi’s capitals in IPL and WPL, Dubai Capitals in the ILT20, Pretoria Capitals in the SA20, as well as main investors in MLC Side MLC Seattle Orcas.
It has the number of hundreds of equipment bought by the IPL to four owners, after Northern Superchargers (Sun Group), Manchester Originals (RPSG Group) and Oval Invincible (Reliance). The hopes of the ECB of a propagation of the investment around the world had already been made by agreements for Birmingham Phoenix (Knighthead capital), Welsh Fire (Sanjay Govil), London Spirit (Silicon Valley Consortium) and Trent Rockets (Cain International).
GMR had become the first owners abroad of an English county when they agreed an agreement for the majority participation of Bransgrove last September. However, the acquisition did not guarantee a participation in Southern Brave, with a mechanism that requires GMR to pay a fair market value for 49% of Brave before the ECB sanctions the remaining 51% transferred to Hampshire.
Brave won the inaugural HEN MEN’S in 2021, in addition to finishing as a runner -up last year. In female competition, they were twice runners -up, in 2021 and 2022, before lifting the trophy the following season.
