CSA confirmed Franchise owners for the South African T20 League

After a hard process over the past few months Cricket South Africa (CSA) has finally confirmed the six franchise owners for South Africa™s T20 League.

Out of 29 entities who expressed interest on the open bid process, managed by Deloitte Corporate Finance, Six were successful and they will be part of this significant chapter of South African cricket.

The venues, cities and the six successful Bidders are:

1. Newlands, Cape Town: Reliance Industries Limited, owners of Mumbai Indians

2. Kingsmead, Durban: RPSG Sports Private Limited, owners of Lucknow Super

Giants

3. St George™s Park, Gqeberha: Sun TV Network Limited, owners of Sunrisers Hyderabad

4. Wanderers,Johannesburg: Chennai Super Kings Cricket Limited, owners of Chennai Super Kings

5.Boland Park Paarl: Royals Sports Group, owners of Rajasthan Royals

6. Park Pretoria: JSW Sports, co-owners of Delhi Capitals

All six successful bidders have extensive experience in operating franchises across multiple sports and deep cricketing expertise through their ownership in the world™s leading T20 tournament, the Indian Premier League.

The Commissioner for the new league, Graeme Smith had this to say regard this new chapter:

œWe are thrilled to welcome our new franchise owners to the South African League taking place in January and February 2023. This is truly an exciting time for South African cricket; the overwhelming interest shows that the country remains valued in the global cricketing eco-system.

œA robust bidding process was followed to select the final six owners, the decision was informed by a scorecard based on various criteria to ensure the utmost professionalism, independence, and objectivity to the process. I would like to thank Deloitte as our advisors for doing a thoroughly professional job in helping South African cricket find partners who add substantial value to our game.

œThe strong sports background of the respective owners and the global brands they manage ensures that South African cricket and the broader industry will benefit from their expertise and resources,

as they bring stability and experience to the League.

The supporters will enjoy watching world class Cricket first hand when the festival takes off early next year.

œWe have already contracted a number of leading international players who will be announced shortly. Combined with our strong South African player base, fans and stakeholders can be assured that the new League will showcase exciting talent and skill, Smith explained.