KKR owners intending to acquire Trinidad & Tobago franchise

"The Hero Caribbean Premier League is thrilled to announce that the owners of Kolkata Knight Riders (KKR), one of the top franchises in the IPL, intends to acquire the Trinidad & Tobago franchise, subject to all the regulatory and board approvals," reported cplt20.com.

Bollywood superstar and KKR co-owner Shah Rukh Khan was quoted as saying by the website: "This is in line with our vision to expand globally and we are thrilled to become part of the great cricketing tradition of Trinidad & Tobago. The passion for franchise cricket in the Caribbean is evident with the success of CPL and we hope to bring all the best practices of KKR to the T&T franchise."

Venky Mysore, CEO of KKR, told the website, "We have been fortunate to be recognized as one of the most professionally managed franchises in IPL. Our positive experience in building a successful franchise has encouraged us to expand globally. The success of CPL and the Trinidad & Tobago franchise in particular, makes it a very good fit for us."

Damien O’Donohoe, Chief Executive Officer, Hero CPL, told the website: "This deal represents yet another great step forward in the story of the CPL as it grows in status and popularity around the world. KKR are a huge franchise in the world of cricket, so for a brand like theirs to choose to invest in the CPL proves that we are doing all the right things and heading in the right direction. It’s a really positive step for the competition and for Caribbean cricket in general."

KKR won the IPL title in 2012 and 2014.