Stocks & Investing
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MLC to expand with investment from New Zealand Cricket
- A new Major League Cricket franchise team will launch in 2027 with direct investment from New Zealand Cricket (NZC). Terms have been agreed between NZC and a US-based consortium True North Sports Ventures (TNS) in what will be an unprecedented overseas franchise investment for a national governing body. A statement from NZC said they will provide "high-performance and operational support" to the MLC franchise "including coaching, management, and support staff, as well as integrating the franchise into NZC's domestic high-performance ecosystem".
Read the Full BBC Article at:
[ https://sports.yahoo.com/article/mlc-expand-investment-zealand-cricket-213331882.html ]