Shah Rukh Khan’s Knight Riders Group to Invest in $30 Million Cricket Stadium Near Los Angeles
variety.comNaman Ramachandran The Knight Riders Group (KRG), backed by Bollywood superstar Shah Rukh Khan, alongside actor Juhi Chawla and businessman Jay Mehta, is investing in a 10,000-capacity cricket stadium near Los Angeles.Located at a 15-acre land parcel in Great Park, Irvine, Southern California, some 40 miles from downtown Los Angeles, the plan is driven by Major League Cricket (MLC).
The org has revealed that an exclusive negotiating agreement with the city of Irvine to move forward with lease negotiations and design approvals has been approved.
The investment in the stadium is likely to be in the range of $30 million, Variety understands. KRG are owners of the Kolkata Knight Riders team in the lucrative Indian Premier League cricket tournament and Trinbago Knight Riders in the Caribbean Premier League.
The stadium, which will have the capacity to be expanded, will be designed by architects HKS and will be home to MLC’s Southern California-based franchise, in the heart of one of the largest cricket-loving populations in the U.S., including an estimated 100,000 cricket fans with a further 200,000 more located in Los Angeles County.
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