Fri, 14 Feb 2025
Fri 1446/08/15AH (14-02-2025AD)

Latest News

Microsoft, Google chiefs buy cricket team for over 15 billions rupees

02 February, 2025 13:27

Silicon Valley billionaires bought London Spirit for 145 million pounds (that is, more than Rs15.58 billion in Pakistani rupees) in the English The Hundred event.

According to media reports, the consortium includes Microsoft chief Satya Nadella, Google chief executive Sundar Pichai, Major League Cricket co-founder and Tom’s Internet vice chairman Satyan Gajwani, tech executive Nikesh Arora and others.

English cricket has suffered a multi-million pound loss after Palo Alto Networks’ Nikesh Arora won the bidding war for a 49 per cent stake in Hundred Team London Spirit.

The Cricinfo report said that the consortium’s bid was led by Satyan Gajwani and Nikesh Arora, but the consortium has a total of 11 people, of which the names of 5 have not been made public yet.

Similarly, Major League Cricket team Washington Freedom bought shares of Wells Fire for 65 million pounds.

Before the start of the event, the English Cricket Board (ECB) had announced that it would sell only 49 per cent of each team’s shares while retaining 51 per cent of the shares.

 

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top