MLC to expand with investment from New Zealand Cricket

Florida, April 24 -- 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, the BBC reported.

A statement from NZC said they will provide "high-performance and operational support" to the new MLC franchise "including coaching, management, and support staff, as well as integrating the franchise into NZC's domestic high-performance ecosystem".

TNS will be headed up by MLC co-founders Vijay Srinivasan and Sameer Mehta and include backers such as the 49ers Enterprises, the investment wing of the...