Acquisitions28 Jul 2025, 07:18 pm
RPSG Ventures Acquires 70% Stake in Manchester Originals for GBP 81,210,000
AI Summary
RPSG Ventures Ltd, through its subsidiary RPSG Sports Ventures Private Limited, has executed a Share Purchase Agreement with England and Wales Cricket Board (ECB) for the acquisition of 70% equity stake in Manchester Originals Limited. The total consideration for the acquisition is GBP 81,210,000, to be paid over a period of 24 months. This acquisition is a strategic move by RPSG Ventures to strengthen its footprint in the global sports arena, with a particular focus on cricket.
Key Highlights
- RPSG Ventures acquires 70% stake in Manchester Originals for GBP 81,210,000
- Acquisition to strengthen RPSG Ventures' footprint in global sports arena
- Payment to be made over a period of 24 months
- Manchester Originals operates as a professional cricket league franchise based in Manchester, England
- Acquisition expected to open new avenues for international collaborations, talent development, and brand visibility