American Cricket Enterprises has announced that the KKR Group owners of the KKR & Trinbago Knight Riders has agreed to a long term investment in the future of American Cricket by becoming stakeholders in Major League Cricket.
KKR are two time IPL Champions who won in 2012 & 2014. Following their 2014 IPL win the KKR became the owners of the Trinidad & Tobago T20 franchise in the Caribbean Premier League (CPL) in 2015. Since then the Trinibago Knight Riders have won the CPL tournament for four times in the last six seasons including a record setting unbeaten tournament in 2020.
KKR group owner is Shahrukh Khan partnered with Juhi Chawla & her husband Jay Mehta. The KKR group is now a part of the strategic long-term investment in the future of cricket in the United States. Shah Rukh Khan commented on the long term agreement in the statement, “For several years now, we have been expanding the Knight Riders brand globally and closely watching the potential for T20 cricket in the USA.
“We are convinced that Major League Cricket has all the pieces in place to execute on its plans and we look forward to making our partnership an enormous success in the coming years.”
Venky Mysore, the CEO of KKR and Red Chillies Entertainment said: “We feel fortunate to have been consistently recognized as one of the best franchises in T20 cricket and have become one of the fastest growing sports brands in the world.
“As T20 cricket expands internationally, we are flattered by the regular inbound requests to play a major role in growing the sport abroad. We have had a keen interest in the developments in the United States and our expansion into the U.S. is consistent with our long-term strategy.
“We look forward to the new challenge of building cricket in the world’s most sophisticated sports and media market and we believe that we can bring a huge amount of expertise to help make Major League Cricket realize the potential that it undoubtedly has.”
Sameer Mehta and Vijay Srinivasan of American Cricket Enterprises and Major League Cricket commented: “We are delighted to partner with the Knight Riders Group in this historic partnership. By adding the Knight Riders Group to our family of world-class and diverse investors, this investment into the future of Major League Cricket is a huge validation of our vision for the new league, and we are particularly excited to have such an iconic cricketing brand onboard with us.”
Major League Cricket will have top International players from the U.S & from around the world, underpinned by a focus on pathways to develop a homegrown player pool for USA Cricket and the league.