RPSG Group, proprietor of Indian Premier League aspect Lucknow Tremendous Giants, acquired a minority stake in The Hundred aspect Manchester Originals, information reviews acknowledged on Monday.
The corporate has secured a 49% possession within the Manchester-based group from Lancashire. It is going to enter into an eight-week interval of exclusivity to finalise the deal.
The Sanjiv Goenka-led group additionally owns Durban Tremendous Giants in South Africa’s SA20 league. The corporate had additionally owned IPL aspect Rising Pune Supergiant through the 2016 and 2017 seasons.
Final week, one other Indian firm, Mukesh Ambani’s Reliance Industries Restricted, which owns the Mumbai Indians, had purchased stake in Oval Invincibles.