Rajasthan Royals appoint Mark Fordham as new Group CEO

  • | Friday | 15th January, 2021

Indian Premier League franchise Rajasthan Royals on Friday announced the appointment of Mike Fordham as its Group Chief Executive Officer.

Indian Premier League franchise Rajasthan Royals on Friday announced the appointment of Mike Fordham as its Group Chief Executive Officer.

Fordham has over 16 years experience working with leading sports organisations around the world and was a key part of the IMG team that developed the IPL with BCCI, a media release said.

He also led the development of The Hundred for the England & Wales Cricket Board, it added.

RR also said that its lead investor, Emerging Media IPL Limited (EMIPL), has increased its shareholding to over 50 percent in the IPL franchise.

EMIPL, which is completely owned and controlled by Manoj Badale, has successfully concluded an equity fundraise for this purpose, the release said.

"Investors are now recognising the value of sports franchises. EMIPL`s increased ownership of the franchise and expanded network of US-based, value-add investors presents an exciting opportunity to drive the growth of both the Rajasthan Royals and the IPL," Badale said.


If You Like This Story, Support NYOOOZ

NYOOOZ SUPPORTER

NYOOOZ FRIEND

Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.


Stay updated with all the Latest Jaipur headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.

Related Articles