The Asian company has a significant interest in South Africa and Hong Kong T20 leagues.
St Kitts and Nevis (WINN): The Caribbean Premier League, CPL’s St. Kitts-Nevis Patriots will be competing this year under new ownership.
City Sports, a Hong Kong-based sports and technology entity under the City Group of Companies, has purchased the Patriots from its former owner, Uday Nyak.
CPL’s Chief Operations Officer, Peter Russell while making the announcement of the sale commended Nyak for the overall management of the franchise.
“As you all know Uday Nayak and his colleagues have done a brilliant job over the last three years in building the team from when it first arrived to becoming finalists two years ago. He’s been brilliant for the work he’s done for the CPL, he’s been brilliant for what he’s done in terms of the profile for the team not just here in St Kitts and Nevis but around the world so a very big thank you to him.”
Nyak told reporters that it was for logistical and personal reasons that he would not be able to continue to manage the franchise. He reflected on the success of the team under his ownership.
Minister of Sports, Shawn Richards thanked Nyak for bringing the franchise to the federation from Antigua and Barbuda, noting that it has brought significant economic benefits to the island and a resurgence of cricket locally.
City Sports Director, Sushil Kumar explained that his group will seek to invest in the enhancement of the sport locally by working with the communities and local players.
“Our company has been looking into various opportunities for expansion beyond Hong Kong and when this opportunity in St Kitts and Nevis came across we happily took the opportunity and I thank Dr. Nayak and his team for having laid a wonderful foundation for the team here and we’re happy to take this forward to the next level. The Patriots franchise is actually in good shape and it provided an attractive investment opportunity for us.”