Sports Franchise Assets for Sale in Benoni, South Africa
Opportunity to own the IP rights of T20 cricket league to be played in Africa.
Premium Plan
| Ownership Duration | 0-1 year(s) |
| Industries | Sports Franchises |
| Locations | Benoni |
| Local Time | 1:09 PM Asia / Dubai |
| Listed By | Advisor / Business Broker |
| Status | Active |
Asset Sale
Asking Price:
USD
3.5 million
(Native Currency: USD 3,500,000)
Reason: The charges of association for acquiring rights are part of the budget numbers (USD 3.5m to USD 6m),...
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Assets Description
Rights to a T20 cricket league, including men's and women's competitions, which will serve as flagship competitions for the Africa Cricket Association, designed to boost the profile of the sport across the continent.
Beyond the core league rights, the deal outlines opportunities for primary revenue generation:
Commercials: Sponsorships and advertising deals that would help finance the leagues.
League revenue streams: revenues directly tied to the operations and broadcasting of the leagues.
Franchise revenue streams: Franchise model, where teams operate as independent entities with their own revenue-generating opportunities, such as merchandise sales, ticketing, and other commercial partnerships.
Streaming revenue: Digital streaming rights and digital media partnerships will be a fundamental part of the revenue model.
To successfully launch the cricket league event, the buyer of the IP rights will need to fulfil the following components: securing 5 to 6 team owners, partnering with 2 to 3 broadcasters, obtaining a title sponsor, and gathering 4 to 5 additional sponsors. All these components will lay the foundation for a thriving league. The estimated cost of expenses during the first year is USD 3.5m to USD 6m.
The advisor is an individual consultant based in Dubai and is handling this deal on behalf of the ACA (Africa Cricket Association)
Beyond the core league rights, the deal outlines opportunities for primary revenue generation:
Commercials: Sponsorships and advertising deals that would help finance the leagues.
League revenue streams: revenues directly tied to the operations and broadcasting of the leagues.
Franchise revenue streams: Franchise model, where teams operate as independent entities with their own revenue-generating opportunities, such as merchandise sales, ticketing, and other commercial partnerships.
Streaming revenue: Digital streaming rights and digital media partnerships will be a fundamental part of the revenue model.
To successfully launch the cricket league event, the buyer of the IP rights will need to fulfil the following components: securing 5 to 6 team owners, partnering with 2 to 3 broadcasters, obtaining a title sponsor, and gathering 4 to 5 additional sponsors. All these components will lay the foundation for a thriving league. The estimated cost of expenses during the first year is USD 3.5m to USD 6m.
The advisor is an individual consultant based in Dubai and is handling this deal on behalf of the ACA (Africa Cricket Association)
Recent Activity
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1 week, 2 days agoManaging Director, Hospitality And Tourism, Gurgaon, Individual Investor / Buyer connected with the Business
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