Rajasthan Royals appoint new Group CEO
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.
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.
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Stay updated with the latest IPL Live Score and get exclusive insights with the IPL Match Today, IPL Points Table match highlights, and more. Explore a comprehensive Cricket Schedule, track the race for the Purple Cap and IPL Orange Cap in IPL 2024, check Virat Kohli performance and stay ahead with all the cricket-related updates on the Hindustan Times website and app.