SA20 team owners: Cricket South Africa confirms that six franchise owners of IPL have bagged the rights to own the teams of the newly launched South Africa’s T20 league.
SA20 Team Owners
SA20 Team Owners: RPSG has bought the franchise based out of Kingsmead in Durban while Reliance has bought the franchise which will have their home in Newlands, Cape Town.
The Chennai Super Kings-owned team will play out of Wanderers in Johannesburg while the Sun TV Network’s franchise will have their home in St George’s Park, Gqeberha.
Check out the SA20 Team Owners’ details below along with the home venue details:
Team | Owner | City | Home ground |
Durban’s Super Giants | RPSG Group | Durban, Kwazulu-Natal | Kingsmead Cricket Ground, Durban |
Joburg Super Kings | India Cements | Johannesburg, Gauteng | Wanderers Stadium, Johannesburg |
MI Cape Town | Indiawin Sports | Cape Town, Western Cape | Newlands Cricket Ground, Cape Town |
Paarl Royals | Royals Sports Group | Paarl, Western Cape | Boland Park, Paarl |
Pretoria Capitals | JSW Group | Pretoria, Gauteng | Centurion Park, Centurion |
Sunrisers Eastern Cape | SUN Group | Gqeberha, Eastern Cape | St George’s Park Cricket Ground, Gqeberha |
“The six franchise owners for South Africa’s T20 League have been confirmed following a rigorous process over the past few months,” Cricket South Africa said in its release.
“The open bid process, managed by Deloitte Corporate Finance, attracted over 29 entities who expressed interest in owning a franchise worldwide. Over 10 venues were made available for interested bidders to own a franchise and all 10 of them received expressions of interest,” the statement added.
Graeme Smith, who was recently appointed the head of the league, expressed his delight at the turn of events.
“We are thrilled to welcome our new franchise owners to the South African League taking place in January and February 2023. This is truly an exciting time for South African cricket; the overwhelming interest shows that the country remains valued in the global cricketing eco-system.”
“The strong sports background of the respective owners and the global brands they manage ensures that South African cricket and the broader industry will benefit from their expertise and resources, as they bring stability and experience to the League,” Graeme Smith added.