Cricket South Africa Confirms Brimstone’s Exit From T20 Global League
After one of the investors parted ways on August 11 (Friday), before the start of the inaugural season of the Global Twenty20 League in November, the Cricket South Africa (CSA) on Saturday has confirmed the exit of the investment company with the Stellenbosch, one among the eight franchises in the domestic competition back in South Africa.
The CSA chief executive Haroon Lorgat has confirmed the exit of Brimstone owing to the prevailing circumstances, as he revealed the process of a firm can be understood in different ways while admiring the members of the corporation, who have had shown keen interest at the launch of the new tournament in the United Kingdom.
“It would have been a huge honour and privilege to have had Brimstone on board, but we understand their investment process limited them and we respect their decision,” Lorgat was quoted as saying by SCM.
Lorgat is hopeful that Stellenbosch management would be ready for the upcoming competition, after as many as 400 cricketers have shown keen interest to be drafted in the league which is scheduled for 26 and 27th August respectively in South Africa.
Moreover, a world cricket governing board ICC’s former chief executive Lorgat reiterated the process is in full swing and aiming to have fresh owner on board.
“The T20 Global League is progressing according to plan, with successful workshops held in Dubai with all of the franchise team owners and then back at home with all our members,’ Lorgat asserted.
Earlier, the chief executive of the Brimstone Mustaq Brey revealed the company is withdrawing from the competition which is scheduled in the final quarter of the year.
“Brimstone has announced that it will not be proceeding with the proposed acquisition of a T20 Global League franchise,’ the statement from the co-founder Brey remarked.
It’s pertinent to mention, the conglomerate has owned one of the eight-team franchises known also as Paarl in June, during the launch of the fresh competition following successful leagues like Indian Premier League (IPL), Big Bash League (BBL) and Pakistan Super League (PSL).
“The consortium led by Brimstone was announced as the successful bidder of the Stellenbosch by Cricket South Africa,” statement added
In the newly introduced T20 Global League, Brey stated the company is wishing all the best for future endeavours to CSA while adding they would be aiming to extend its support in different ways during the process of development in the field of sport in South Africa.
“We wish CSA well with the T20 Global League and will continue to support the development of, and access to, the sport in various other ways,” Brey concluded.
The fans in South Africa are bound to witness quality players in the professional league.
Tahir Ibn Manzoor
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