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Manchester United owners buy team in UAE T20 league

Avie Glazer, chairman of Lancer Capital, has been co-chairman of Manchester United since 2005.© Getty

Lancer Capital made its first historic invasion ever in cricket by acquiring a franchise in the UAE T20 league. Lancer Capital has investments in a variety of best-in-class assets. Lancer Capital chairman Avie Glazer is an owner of Super Bowl champion Tampa Bay Buccaneers. Glazer was also the co-chair of Manchester United since 2005. Manchester United have won more leagues than any other club in English football. The UAE T20 League is a professional franchise-based T20 format cricket tournament with 6 franchise teams competing in a 34-match event.

Khalid Al Zarooni, UAE T20 league chairman and vice-chairman Emirates Cricket Board said: “I am very excited to welcome Mr Glazer to the UAE T20 family! To have a partner who has invested in sports property with a long term investment perspective, is a testament to the strength of the UAE T20 League’s business model and its value proposition to its stakeholders and an ode to the UAE as the preferred destination for global sporting events. “

Avram Glazer, Chairman of Lancer Capital LLC said, “I am very excited to be part of UAE T20 at its inception. UAE T20 promises to be a world class event that will be transformative for the growth of cricket in the Emirates. “

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