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GMR Group

  • Rod Bransgrove: Hampshire saviour hailed by new owners GMR as he steps down

    Sport Business

    Hampshire Cricket’s new owners, Indian group GMR, have hailed Rod Bransgrove after the long-serving chairman stepped down in the wake of their full takeover. GMR, which also owns the Indian Premier League franchise Delhi Capitals, this month acquired the final shares in the club as part of a staged £120m buyout agreed in September 2024. [...]

    High-level business meeting with executives discussing strategic plans for 2026 in a modern conference room
  • English cricket facing tragedy if ECB doesn’t change, warns county boss

    Sport Business

    English cricket chiefs risk the “tragedy” of counties going bust unless they offer more support to those without international matches or The Hundred, says Hampshire chief Rod Bransgrove. Sussex are among those to have suffered financial difficulties, leading to a points deduction from the England and Wales Cricket Board and the departure of chairman Jon [...]

    GettyImages 2234482077: Business professionals engaging in a meeting, discussing strategies, using laptops and documents i...
  • Hundred teams to be buoyed by hike in IPL franchise valuations

    Sport Business

    Hundred teams with links to the Indian Premier League (IPL) are to be buoyed by increased brand valuations for their subcontinental sibling clubs after a new report revealed major competition growth. While Royal Challengers Bengaluru, who do not have any involvement in bids for the eight Hundred franchises, topped the brand value list at £198m, [...]

    Hundred teams with links to the Indian Premier League (IPL) are to be buoyed by increased brand valuations for their subcontinental sibling clubs after a new report revealed major competition growth.
  • Ahead of the Game: Rangers’ US takeover could hinge on EFL talks

    February 26, 2025

    Rangers’ takeover by US investors could depend on talks between EFL clubs about loosening regulations which prevent the dual ownership of clubs in different competitions – including the Premier League and Scottish Premier League – at their divisional meetings this week.  No vote will take place as the issue is not a formal agenda item, [...]

  • Hundred: Who are winners and losers from £1bn cricket sale?

    February 14, 2025

    When a collective £975m valuation was placed on the Hundred this month many were surprised a competition in its infancy could fetch such a number. But the franchise competition through, largely, eight 49 per cent stakes being sold by the England and Wales Cricket Board, has exceeded expectations – around £700m was seen as a [...]

  • Indian Premier League owners agree deal to buy Hampshire Cricket

    September 30, 2024

    Hampshire Cricket has confirmed it has agreed a sale to GMR Global Pte Ltd (GGPL), the owners of Indian Premier League side the Delhi Capitals. The deal, believed to be worth £120m, will see GGPL acquire Hampshire Cricket and the Utilita Bowl but it remains unclear if it will also include a 51 per cent [...]

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