Investment Attraction
Invest in Manchester
Full Credential Description
RPSG Group has entered into exclusive negotiations to acquire a 70% stake in Manchester Originals, addressing the need for a strong global sporting partner to enhance the club's presence in Manchester, a city renowned for its sports culture. This strategic investment aims to bolster the sporting ambitions of both Manchester Originals and Lancashire Cricket Club, which retains a 30% stake. The collaboration is designed to share best practices across teams, including Lancashire Men, Lancashire Women, Lucknow Super Giants, and Durbans Super Giants, thereby creating optimal environments for player and staff success.
The investment is expected to provide Lancashire Cricket with additional funds to invest in cricket infrastructure projects at Emirates Old Trafford, significantly enhancing the fan and member experience. This initiative is seen as crucial for the long-term sustainability of county cricket in the UK, ensuring that it remains viable for future generations. The leadership of both Manchester Originals and Lancashire Cricket has expressed enthusiasm about the partnership, highlighting a commitment to growing the fanbase and elevating the match day experience by drawing inspiration from successful models like the IPL.
RPSG Group's Chairman, Dr. Sanjiv Goenka, emphasized the importance of respecting the legacy of Lancashire Cricket while aiming to deliver high-quality cricket for future generations. The partnership is poised to transform the cricket experience in Manchester, with plans to attract top cricket talent and provide unparalleled sporting entertainment to fans in the region.