Kings XI Punjab owners buy CPL team St Lucia Zouks

Kings XI Punjab,Caribbean Premier League,St Lucia Zouks,KPH Dream Cricket,Sports Business News India

Kings XI Punjab owners have followed Kolkata Knight Riders to the Caribbean Premier League. Spearheaded by Mohit Burman, the Kings XI Punjab owners KPH Dream Cricket Private Limited have bought the CPL team St Lucia Zouks.

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The St Lucia Zouks have been sold to a group of investors with extensive experience in high-profile cricket. KPH Dream Cricket Private Limited are knowledgeable owners who have a track record of success on and off the field in major events. They will bring a huge amount of experience to the tournament and to the St Lucian team, Caribbean Premier League stated in a Press release.

Kolkata Knight Riders owners, a joint venture of the companies owned by Shah Rukh Khan and his fellow actress Juhi Chawla’s husband Jay Mehta, have owned another CPL team Trinbago Knight Riders since 2015.

Speaking about the St Lucia Zouks acquisition, Mohit Burman of K.P.H. Dream Cricket Private Limited said: “We are excited at the opportunity to invest in one of the most exciting sporting tournaments in the world, and we have been impressed by the vibrancy of CPL over the last seven years. We visualise taking the franchise to the next level and showcasing St Lucia in the best possible light over the coming years.”

Pete Russell, Chief Operating Officer of the Hero CPL, said: “We are hugely excited to welcome this ownership team to the CPL family and we are looking forward to seeing where they take the Zouks during the upcoming season and beyond. They bring with them a wealth of experience which is fantastic news for both the CPL and St Lucia as a whole. During the 2019 tournament the CPL made a positive economic impact of US$13,670,260 in St Lucia and this new ownership group will be working hard to see this figure increase.”

Also Read: IPL 2020: BCCI releases schedule to franchisees; Mumbai-CSK in Opener

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“I welcome the new owners of the Saint Lucia Zouks and hope that their new energy and drive will inspire the team to excel,” said Prime Minister Hon. Allen Chastanet. “Saint Lucians continue to root for the Zouks and we are encouraged by the confidence that Mr. Mohit Burman and his team have placed in the players and Saint Lucia. The Government of Saint Lucia looks forward to working closely with the new owners to create a team we can all be proud of.”

The Zouks, part of the CPL since the league’s inception in 2013, have made the playoffs during the 2016 season. They play their home games at the Daren Sammy International Cricket Ground, a stadium named after the man who has captained them for six of their seven seasons. Last year the Zouks team featured Sammy, Fawad Ahmed, Rahkeem Cornwall, Andre Fletcher, Colin de Grandhomme and Thisara Perera.

The 2020 CPL will be held from August 19 to September 26. Another IPL franchise Royal Challengers Bangalore’s former owner Vijay Mallya had lost ownership of CPL team Barbados Tridents last year.

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