SRK🤓 Buying a Cric Team in T20 Global League South Africa?🏏

  |   Shahrukh Khan / Bollywood

By Ra👁

Following his ownership of IPL's🏏 Kolkata Knight Riders, SRK is eyeing🤔 at a more global business venture💸 in the same league now - a stake in the T20 Global League South Africa🌍.

8⃣ franchise owners are to be announced on 19 June at Lord’s Cricket Ground🏟 and SRK is hoping to buy a team in Cape Town or Johannesburg. The teams👥 up for sale are Johannesburg (2⃣ teams), Bloemfontein, Pretoria, Port Elizabeth, Durban and Cape Town (2⃣ teams)

The Tier 1⃣ Cities (Jo’burg and Cape Town) are $ 50 million to be paid over a period of 10 years ($ 5 million a year) while Tier 2⃣ cities are $ 30 million ($ 3 million a year).

The salary cap has been fixed at $1.5 million (about Rs 10 crore) a year💸. Interestingly, in the IPL, it is ₹ 66 crores a year.💰

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