Manchester United owners the Glazers have reportedly failed in their attempts to buy an Indian Premier League cricket team.
The Glazers were looking to add a cricket club to the two sports teams they currently own, Manchester United, and NFL team the Tampa Bay Buccaneers.
But according to Sky Sports News, the Glazer family failed to buy an IPL franchise in Dubai yesterday as the bid for one of the two new teams from the Red Devils’ owners Lancer Capital was defeated.
This setback for the Glazers comes after Manchester United were ripped apart by Liverpool on Sunday and Ole Gunnar Solskjaer’s future at the club has been called into question ever since the 5-0 defeat to our fierce rivals.
Avram Glazer, the co-chairman of Manchester United, flew into the Arab state for the bidding of the two new franchises.
On behalf of Lancer Capital, Glazer submitted a sealed bid to the Board of Control for Cricket in India (BCCI) at the Taj hotel.
But Lancer Captial’s bid failed to secure one of the new two franchises, who will be added to the lucrative IPL from 2022.
Lancer Capital were outbid by CVC Capital Partners, the private equity firm who already have stakes in Premiership Rugby, the Six Nations and La Liga.
United fans react to Glazers failed IPL bid
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