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Waugh invests in European T20 Premier League

Waugh invests in European T20 Premier League

Summary

Former Australian cricket player Steve Waugh has invested in a new European T20 cricket league. The league will feature city-based teams from Ireland, Scotland, and the Netherlands and is set to begin in August. Various investors, including Bollywood actor Abhishek Bachchan, are also involved.

Key Facts

  • Steve Waugh is investing in the European T20 Premier League.
  • The league will have teams from Ireland, Scotland, and the Netherlands.
  • The event was delayed from its original 2025 start but will now begin in August.
  • Waugh is leading the Amsterdam Flames team, backed by a group involving Jamie Dwyer and Tim Thomas.
  • The league is approved by the International Cricket Council to help grow cricket in Europe.
  • Franchises were sold for about £11.1 million ($15 million) over 10 years.
  • The total player salary is around £1.1 million ($1.5 million) per season.
  • Other investors include Bollywood actor Abhishek Bachchan and cricket players Glenn Maxwell and Kyle Mills.

Source Information