Hampshire’s parent company is in advanced negotiations with GMR Group, the co-owners of Delhi Capitals, about selling Rod Bransgroves’ shares. Bransgrove previously saved the club from insolvency in 2000 and turned it from a members’ club into a public limited company valued at over £100 million. The club carries a £61 million debt. Bransgrove had rejected an offer for the club in 2022 but is now reportedly close to selling his shares to GMR Group. Hampshire confirmed they have been looking into investment options but cannot disclose further details until formal agreements are made. Discussions have also included the possibility of the ECB transferring equity stakes in the Hundred teams to the clubs that play at their host venues. Hampshire was previously linked to Rajasthan Royals and is currently called Hampshire Hawks. Other counties are also considering private investment to generate more income in the game. Bransgrove and GMR Group were contacted for comment.
Hampshire in Discussions for Possible IPL Ownership Deal
- By admin
- January 11, 2024
1 min read
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