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The Los Angeles Knight Riders team is owned by ’s Knight Riders Group, which also operates teams in the Indian Premier League (IPL), the Caribbean Premier League and the U.A.E.’s International League T20 (ILT).
Source: https://variety.com/2023/sports/asia/shah-rukh-khan-mukesh-ambani-major-league-cricket-1235670343/
“We have assembled a strong and talented team for the debut season of MLC who can compete at the highest level and bring joy to cricket fans around the world,” Knight Riders Group chief executive Venky Mysore said.