Skip to content
Monday 17 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,734.40
-0.15%
DAX
26,397.41
-0.16%
CAC 40
8,598.14
-0.45%
STOXX 50
6,539.97
+0.01%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Thursday 27 June 2024 8:30 am  |  Updated:  Wednesday 26 June 2024 2:54 pm

Global Chess League: Rivalling IPL, tapping into trends and now coming to London

By: Frank Dalleres

Sports Editor

Add as a preferred source on Google
Magnus Carlsen took part in the first season of the Global Chess League, which comes to London in October
Magnus Carlsen took part in the first season of the Global Chess League, which comes to London in October

Global Chess League boss Peeyush Dubey on how the star-studded team competition won millions of fans, has bold plans to rival cricket’s Indian Premier League and is headed for London next.

Chess might not seem an obvious spectator sport but a new team-based competition modelled on cricket’s T20 franchise leagues has proven a surprise hit – and now it’s heading to London.

The Global Chess League, which last year featured stars of the game such as Magnus Carlsen, is to stage its second season in October in the capital, organisers will announce today.

A joint venture between world governing body Fide and Indian company Tech Mahindra, it borrows heavily from cricket’s Indian Premier League in a bid to replicate its success.

Players are allocated into six teams of six male and female players via an auction, contested by teams with names such as Ganges Grandmasters and Balan Alaskan Knights.

Last year’s first season final in Dubai attracted 1.3m viewers on Eurosport and provided a resounding proof of concept, says Global Chess League chair Peeyush Dubey.

“Dubai was a wonderful launch for us,” he told Morning Wire “The real tournament took place and in the online world we had millions of views on social media. 

“Most of the players that play are chess influencers and they have their own following. Because of that we were able to increase the viewership of chess not only during the tournament, but across the board.

“Normally any sports league takes many years to establish but GCL the first year really gave us the confidence that this is the place where both the chess brand and Tech Mahindra and Fide will definitely see the growth and, if anything, season two is only going to be a lot bigger and better.”

Read more

Bumper IPL takeovers boost T20 cricket franchise league’s value to over $20bn

Blue and red banners featuring Playbold and House of RCB with cheering fans, blurred figures passing by.

The Global Chess League has capitalised on two recent phenomena: the surge in popularity of online chess competitions and content that took place during the pandemic, and the trend of gaming as a spectator pursuit, as seen in esports.

“We felt there was a place to now promote a new kind of chess,” Dubey added. “One of the drawbacks is that it’s a very personal sport – it’s between two people, so you have to be there to experience it. The challenge that we faced was how do we make it broader? 

“How do we make it something that people can follow? And thankfully as Twitch and Fortnite and the gaming revolution happened, there is a tremendous audience for people just playing and everybody else watching.”

Booming viewership is only part of the Global Chess League’s business plan. It also offers sponsor opportunities for watch and apparel companies – most players wear jackets – as well as any brand wishing to align with “strategy, rigour and intellect”, Dubey says.

And then there is team ownership. The six franchises were snapped up by Indian industrialists and sports entrepreneurs but the GCL will inevitably expand to accommodate more teams and says it has already fielded enquiries about buying in.

“Season Two has really opened up the doors for many more calls, whether it is sponsors, interested parties to see how soon we can expand it to more teams,” says Dubey. “There is definitely that pent-up demand already.”

London was a logical choice of host due to its global status and popularity among players. The competition will take place from 3-12 October at Friends House in Bloomsbury and be preceded by a trophy tour and Guinness world record attempt. 

Beyond that, Dubey hopes the Global Chess League can become a closer challenger to the competition that inspired it. “Our vision is to make the Global Chess League not a very distant second from the IPL,” he said.

“When we started, the talk was that the first 10 spots are for cricket and let’s now fight for the 11th. Very soon, I feel that maybe it’s a top three only.” 

Read more

Meet the 33-year-old British former IPL boss changing Indian basketball

Young cricket player in pink and blue uniform with Rajasthan Royals helmet batting during a match.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Sport

Categories

  • Sport Business

People & Organisations

  • Global Chess League
  • Magnus Carlsen
  • Tech Mahindra

Related Topics

  • Chess
  • Sport business

Trending Articles

  • Is the Zeekr 9X Super Hybrid the new luxury SUV to beat?

  • Grandparents fund university degrees to avoid inheritance tax net

  • US bond market jitters spark UK economy recession warning

  • FTSE 100 Live: Stocks shaky as oil prices rise after Trump makes Hormuz threat

  • Aldi boss wades into supermarket ‘price-gouging’ row

More from Morning Wire

  • Bumper IPL takeovers boost T20 cricket franchise league’s value to over $20bn

    Sport Business
    Blue and red banners featuring Playbold and House of RCB with cheering fans, blurred figures passing by.
  • Meet the 33-year-old British former IPL boss changing Indian basketball

    Sport Business
    Young cricket player in pink and blue uniform with Rajasthan Royals helmet batting during a match.
  • SailGP, rugby and PJL: Inside the new £50m budget sporting asset class

    Sport Business
    Getty Images logo on a digital screen, representing media and stock photography in a business news context
  • PwC sign sponsorship deal with major cricket team

    Sport Business
    Getty Images logo on a modern office building facade under a clear blue sky, representing media and photography industry p...
  • Mega-rich Hundred franchise owners in London for start of competition

    Sport Business
    GettyImages 2216312615: Business professionals collaborating in a modern office environment.
  • QPR owner Bhatia Liverpool investment could value club at $6bn

    Sport Business
    Liverpool FC crest on a red brick wall, illuminated by sunlight with tree shadows.
  • Football ‘muddling through’ in face of growing ‘tensions’, says Boston Consulting Group

    Sport Business
    GettyImages logo displayed prominently over a blurred, vibrant cityscape background, evoking themes of media and technology.
  • Premier League and EFL set for summit with Football Regulator over new financial deal

    Sport Business
    Arsenal players celebrate with the Premier League trophy and confetti raining down, cheering on the field.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook