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Hampshire is set to become the first English county cricket club to be owned by an overseas franchise after entering into a "phased acquisition" with the part-owner of Indian Premier League team Delhi Capitals. The deal will see GMR Global Pte Ltd initially buy a majority stake before the Indian conglomerate likely takes 100% ownership "within the next 24 months." Hampshire majority shareholder Rod Bransgrove says "becoming the first English cricket club to join an international cricket group will open exciting new opportunities as we embrace the globalization of this great sport." GMR also owns shares in the fellow cricket teams Dubai Capitals and the Pretoria Capitals, as well as the Seattle Orcas in Major League Cricket.
