GMR Group Acquires Majority Stake in Hampshire Cricket Club
The Indian conglomerate plans to fully own the English county club within two years, marking a significant move in cricket globalization.
- GMR Group, co-owners of Delhi Capitals, has acquired a 53% stake in Hampshire Cricket Club, with plans to reach 100% ownership within 24 months.
- This acquisition makes Hampshire the first English county cricket club to have overseas ownership.
- The deal, valued at £120 million, includes the Utilita Bowl stadium, hotel, and golf course.
- Hampshire's current leadership team, including Rod Bransgrove as Group Chairman and David Mann as CEO, will remain in place during the transition.
- The acquisition aims to enhance facilities, develop local cricket talent, and prepare the ground for hosting an Ashes Test in 2027.