Shah Rukh Khan's Knight Riders Group buys franchise in UK-based Major League Cricket

Bollywood actor Shah Rukh Khan owned Knight Riders group has invested in a United States based Major League Cricket which is a multi-million dollar tournament.

The league which takes inspiration from Indian Premier League(IPL) is scheduled to begin from 2022 and will have six teams. Reportedly, Shah Rukh Khan has bought Los Angele s franchise which will be called Los Angeles Knight Riders.

As a part of the deal, Knight Riders will help American Cricket Enterprises (ACE) in the development and materlisation of the league.

"For several years now, we have been expanding the Knight Riders brand globally and closely watching the potential for T20 cricket in the USA," Shah Rukh, the principal owner of the Knight Riders group, said in a media statement.

"We are convinced that Major League Cricket has all the pieces in place to execute on its plans and we look forward to making our partnership an enormous success in the coming years."

"We are delighted to partner with the Knight Riders Group in this historic partnership," Sameer Mehta and Vijay Srinivasan of American Cricket Enterprises and Major League Cricket said.

"By adding the Knight Riders Group to our family of world-class and diverse investors, this investment into the future of Major League Cricket is a huge validation of our vision for the new league," they further added.