Sundar Raman, the omnipotent former COO of IPL, is known to have acquired a 12.5 per cent stake in an organization that will likely be serving to Cricket South Africa re-launch its bold franchise-based T20 league.

Raman, who was as soon as the right-hand man of former IPL czar Lalit Modi and performed a giant position in conceptualising the cash-rich league again in 2008, was additionally N Srinivasan’s (Modi’s bete noire) trusted lieutenant afterward as he was one of the crucial {powerful} individuals among the many paid workers of the BCCI.

According to a report in ‘Cricbuzz’, a doc headlined “MSL: Re-imagined” was presented at a special CSA members council meeting on April 25. In it, Raman is listed as holding a 12.5% share in the company unveiled on Friday as the vehicle to drive the establishment of the tournament.

“CSA own 57.5% and broadcasters SuperSport the remaining 30%. The first edition of the as yet unnamed six-team competition is planned for January 2023.”

With Raman’s lively involvement within the league, it was a no brainer that two franchises with whom he has actively labored — Mumbai Indians and Chennai Super Kings — are displaying lively curiosity in realizing extra in regards to the league.

A senior BCCI official mentioned that for any cricket board throughout the globe establishing a brand new league, it’s all the time crucial that stake-holders take a look at if MI, CSK have an interest or not. Obviously Sundar’s involvement makes it much more fascinating.

As of now, Shah Rukh Khan-owned Kolkata Knight Riders additionally personal Caribbean Premier League franchise Trinbago Knight Riders.

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