Acquiring a Desert Vipers franchise in the UAE T20 league marks Lancer Capital’s first voyage into the annals of cricket’s long and illustrious history. The investments held by Lancer Capital are some of the very finest in their respective categories.
Avie Glazer, the Chairman of Lancer Capital, is one of the owners of the Tampa Bay Buccaneers, who won the Super Bowl this year. Additionally, since 2005, Mr Glazer has held the position of Co-Chairman of Manchester United. Manchester United has won the most trophies compared to any other club in the history of English football.
Khalid Al Zarooni, UAE T20 League Chairman and Vice Chairman of Emirates Cricket Board, said:
“It is a great pleasure to announce that Mr Glazer has joined the UAE T20 Family as Desert Vipers owner. It is a testament to the strength of the UAE T20 League’s Business Model and its value proposition to its stakeholders to have a partner who has invested in sports properties with a long-term investment perspective. It is also an ode to the UAE as the destination for global sports events.
Avram Glazer, Chairman of Lancer Capital LLC(Desert Vipers Owner), said:
“I couldn’t be more thrilled to be a part of UAE T20 at such an exciting time in its history. The UAE T20 tournament is shaping up to be an event of a world-class calibre that will be game-changing for the development of cricket in the Emirates.“
Mubashir Usmani, General Secretary of Emirates Cricket Board, said:
We are delighted that a great sports owner like Avie Glazer has decided to become a partner of the UAE T20 League. This is a resounding vote of confidence in the one-of-a-kind opportunity that the UAE T20 league provides to seasoned and well-established company operators in the sports industry.
Through our collaboration with Lancer Capital, we will be able to bring together fans of two of the most popular sports in the world, namely football and cricket, in a way that has never been done before.
About Lancer Capital:
The goal of Lancer Capital is to make a beneficial contribution to the world by investing worldwide across a diverse group of assets considered to be the finest in their respective categories. Infrastructure, biological sciences, spectrum, consumer brands, brand management, and licencing are some examples of these areas of focus.