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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.
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