Preity Zinta Buys Stellenbosch Franchise in T20 Global League

New Delhi: Bollywood actor and co-owner of Kings XI Punjab Preity Zinta has taken over the Stellenbosch franchise of South Africa’s T20 Global League, bringing the total IPL owners in the tournament to three, reported

Cape Town Knight Riders are owned by Shah Rukh Khan, who also owns Kolkata Knight Riders, while the Jo’burg Giants were bought by the GMR group, who also own Delhi Daredevils.

Stellenbosch was the only franchise that did not have a private owner after South African investment corporation Brimstone pulled out of their deal last month.

The Stellenbosch franchise had been taken over by Cricket South Africa before being acquired by Zinta.

The T20 Global League now has only one locally-owned team, in Pretoria, bought by Osman Osman, who owns events company Blu Blood.

The lack of local interest in the league was cited as a concern by CSA CEO Haroon Lorgat, when he addressed Brimstone’s withdrawal.

Brimstone’s reasons for withdrawal hint at general uncertainty over the profitability of ownership in the T20 Global League.

With the tournament scheduled to start on November 3, all eight squads are finalised.

The Stellenbosch franchise will be coached by Stephen Fleming with Eric Simons as assistant coach and Faf du Plessis as the marquee player. Lasith Malinga and Alex Hales are the big international names with several home-grown players from the Paarl area, such as Henry Davids and Justin Ontong, in the squad.

None of the players from Kings XI Punjab are in the Stellenbosch side.