Glazers confirm buying team in UAE league

Agency :
The Glazers of Manchester United have confirmed investment in the UAE T20 League, scheduled to be flagged off early next year. They purchased a franchise in the six-team league through parent company Lancer Capital.
“I am very excited to be a part of UAE T20 at its formation. UAE T20 promises to be a world-class event that will be transformative to the growth of cricket in the Emirates,” said Avram Glazer, chairman of Lancer Capital confirming joining the league in which Reliance Industries-owned Mumbai Indians, Shah Rukh Khan-owned Kolkata Knight Riders and GMR-owned Delhi Capitals are also part of.
Apart from Manchester United, Avram Glazer, who has been the co-chairman of the Premier League football team since 2005, has made investments in a variety of sports properties, including in Tampa Bay Buccaneers in the Super Bowl.
Khalid Al Zarooni, UAE T20 League chairman, said, “I am very excited to welcome Mr. Glazer to the UAE T20 Family! To have a partner who has invested in sports properties with a long-term investment perspective is a testament to the strength of the UAE T20 League’s Business Model.