Man Utd owners outbid in battle to take over IPL franchise

The Glazer family had a pretty tough Sunday as Man United were hammered at the hands of Liverpool, and Monday didn’t go well either as they failed to land an IPL franchise

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Man Utd fans burn USA flag in protest against Glazers

It’s been a tough two days for the Glazer family after they failed in their bid to take over an IPL franchise.

Just 24 hours after the Manchester United owners saw their club humiliated at the hands of Liverpool, their attempts to venture into cricket were scuppered in Monday’s auction in Dubai, as RPSG and CVC Capital bagged the rights for the two new teams in 2022.

The RPSG group won the bid for Lucknow, who went for over $932 million, while private-equity firm CVC Capital took Ahmedabad after pledging more than $692 million.

This was despite competition from seven other bidders, including Lancer Capital, whose principal Avram Glazer is part of the family that owns United.

It’s been a bad two days for the Glazer family after they failed to land an IPL franchise


Corbis via Getty Images)

Both sides will compete in next year’s tournament, which will now expand from eight to 10 teams and include 74 matches, with each side playing seven home and seven away games.

In his press conference afterwards, BCCI President Sourav Ganguly said: “It is heartening to see the inclusion of two new teams at such a high valuation, and it reiterates the cricketing and financial strength of our cricket ecosystem.

“The ITT process included two interested bidders from outside of India, which strongly emphasises the global appeal of the IPL as a sports property.

“The IPL is proving to be a wonderful instrument in globalising the game of cricket. I am keenly looking forward to IPL 2022.”

Next year’s edition will be the 15th version of the tournament.

Mo Salah had a hat-trick as United were hammered 5-0 by Liverpool on Sunday

Joel, Kevin, Bryan, Darcie and Edward Glazer, who along with Avram are the six children of Malcolm Glazer, took over their father’s 90% stake in the football club in 2014 when he died following a long illness.

Their ownership of United has long been a bone of contention with the fans, with relations reaching boiling point earlier this year when plans were unveiled for the club to join the soon defunct European Super League.

Unsurprisingly, their IPL ambitions were not well received by supporters either, especially in the wake of losing 5-0 to their arch rivals at Old Trafford.

@mufcmad10 wrote: “Im not surprised. We all know the Glazers ONLY care about cash United generate, they don’t care about performances!”

@AbdulHa34309365 added: “They probably don’t know we even played,” while @TS_CR7KING optimistically said: “Maybe they buy a cricket team so they can sell us.”

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