KKR owners buy stake in CPL franchise T&T Red Steel

[diga]

http://www.espncricinfo.com/caribbean-premier-league-2015/content/story/885765.html

"This is in line with our vision to expand globally. We are thrilled to become part of the cricketing tradition of Trinidad & Tobago," Shah Rukh Khan, co-owner of Knight Riders, told the Times of India. "The passion for franchise cricket in the Caribbean is evident with the success of CPL and we hope to bring all the best practices of KKR to the T&T franchise." Venky Mysore, chief executive officer of Red Chillies, hoped that the two-time IPL champions Knight Riders' success would be duplicated in the CPL. "KKR has been fortunate to be recognized as one of the most professionally managed franchises in IPL," Mysore said. "That experience has encouraged us to expand globally .The idea is to replicate our success in the CPL, keeping the growing interest in this [T20] format in mind.

:hatsoff: to KKR mgmt... very professional..next step for them to list their stock

[G_B_]

KKR do seem to be a team with a plan similar to RR. You look at mumbai and chennai and they are there to massage the egos of their owners.