Manchester United’s Glazer owners outbid the two new IPL teams by CVC Capital and RPSG in a 24-hour nightmare for the American family following the beating of Liverpool in the Premier League.
- The Glazers were interested in buying one of the two new IPL franchises.
- But Manchester United owners have been overtaken by RPSG and CVC Capital.
- It’s a fresh blow for the Glazers after United’s recent high-level displays.
- Ole Gunnar Solskjaer’s men were beaten 5-0 by Liverpool on Sunday
- The club is now in seventh place in the Premier League table, having lost three matches
Manchester United owners have suffered a further blow after being outbid in their attempts to buy one of the two new franchises of the Indian Premier League of cricket.
Sportsmail reported last week that the Glazers were among 18 parties that had compiled the bidding document for the purchase of one of the franchises ahead of an auction this week, and that the IPL will expand from eight teams to 10 starting next. season.
But now it has emerged that Indian industrial conglomerate RPSG, led by businessman Sanjiv Goenka, and private equity firm CVC Capital have won the respective tenders.
Manchester United’s Glazer owners have been overtaken by IPL’s two new franchises
Indian Premier League to expand from eight teams to 10 by 2022 season
The RPSG group led by Sanjiv Goenka will own the equipment from the city of Lucknow following an offer worth approximately £ 690 million (Rs 7 billion), while CVC, which has previously invested in the Six Nations and the rugby union Premiership, earned 516 million pounds. (RS 5,200 crore) offer for the Ahmedabad franchise.
‘It’s good to be back in the IPL and I’m delighted. It is an initial step. Now we have to form a good team and act. ” Goenka told ESPNcricinfo.
RPSG also owned the Rising Pune Supergiants, who played in the IPL in 2016 and 2017 when 2021 champions Chennai Super Kings and inaugural winners Rajasthan Royals were banned after being found guilty in an illegal gambling and match-fixing investigation. .
But at the other end of the stick, United’s American owners have undoubtedly squandered the opportunity to boost the club’s Premier League profile in India.
RPSG, led by businessman Sanjiv Goenka, made a successful bid for the Lucknow side
Capital CVC, which has previously invested in the Six Nations, won the Ahmedabad side.
The Glazer family also owns the Super Bowl champions Tampa Bay Buccaneers, as well as the Old Trafford club, but the news will no doubt come as a blow to them in the 24 hours after United’s humiliation.
Ole Gunnar Solskjaer’s side were beaten 5-0 by Liverpool at Old Trafford, with United conceding four of them in the first half.
Mohamed Salah completed his hat-trick to round out the scoreline early in the second half, before Paul Pogba was sent off for a tackle on two feet.
The pressure has therefore increased on the Norwegian, who now has the lowest odds of leaving the club he joined almost three years ago.
RPSG also owned the Rising Pune Supergiants, which played in the IPL in 2016 and 2017.
This is yet another blow for the Glazers after a dismal performance by United on Sunday.
Recent reports claim that United’s locker room has lost faith in him, but no immediate decision on his future appears to be made by the hierarchy.
But it was another big blow for Solskjaer, whose team now ranks seventh in the Premier League table after their third loss of the top flight of the season.
Matches aren’t any easier for United, either, who face a trip to Tottenham the weekend before the Manchester Derby to kick off November, when they also face Chelsea and Arsenal.
Meanwhile, next year won’t be the first time there have been 10 teams in the IPL, and the tournament featured the same number of teams a decade ago. The last time more than eight teams played in the IPL was in 2013, when nine teams participated.
Five IPL franchises have fallen by the wayside since its inception in 2008, namely Deccan Chargers, Pune Warriors India, Kochi Tuskers Kerala, Rising Pune Supergiants, and Gujarat Lions.
Mohamed Salah (L) scored a hat-trick and United took off again at Old Trafford.
The pressure mounted once again on boss Ole Gunnar Solskjaer with his team in seventh place.