Delhi Capitals owners set up £120 million deal to buy major share in Hampshire takeover

According to The Telegraph, the GMR group is poised to acquire full ownership of Hampshire and a 51% stake in the Southern Brave, with an option to e𓃲ventually fully acquire the franchise. This transaction falls under the agreement submitted to the England and Wales Cricket Board (ECB) for f🥃urther modifications.

The co-owners of the Capitals have reportedly outbid the Lucknow Super Giants with an offer valuing Hampshire at £120 million, which includes the club's debts of approximately £60 million. GMR holds a 50% sta♎ke in both Delhi Capitals and the༺ir Women's Premier League team, with the remaining 50% owned by another Indian conglomerate, the JSW Group.

As per the report, H✅ampshire's value seems to have increased from an initial estimate of around £100 million during the negotiation process. This rise in value reflects t🍷he ECB's decision to grant them a 51% stake in Southern Brave.

The GMR group also💟 owns a 50% stake in the Dubai Capitals in the UAE's ILT20 and the Seattle Orcas in America's Major League Cricket.