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T20 cricket league LLC to raise $10mn
Mint Mumbai
|November 17, 2023
Legends League Cricket (LLC), a global T20 cricket league with recently retired international cricketers, is looking to raise $10 million to develop the league further, Raman Raheja, a director of Absolute Legends Sports Pvt Ltd and chief executive of LLC, told Mint.
Some of the big names in the league are Harbhajan Singh, Gautam Gambhir, and Chris Gayle.
The league, which has two formats and runs at two different times of the year, has raised a total of $7 million since its inception in 2022, when the first season of the league was played.
Some proceeds of the fund raise will go towards marketing, while some will be spent on restoring stadiums in locations like Ranchi, Dehradun, Jammu, Vizag and Surat. “Some of the grounds we are playing on, especially Jammu and Dehradun for instance, required a lot of work in terms of restoration and to bring it up to international standards. We are working with local authorities to improve the grounds," he said.
This story is from the November 17, 2023 edition of Mint Mumbai.
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