Deep Mody
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The agreement outlines the phased acquisition of the entire issued share capital of Hampshire Sport & Leisure Holdings Limited by GGPL, and an initial reduction of Hampshire Sport & Leisure Holdings’ debt, setting the stage for long-term growth and financial sustainability.
As part of the agreement, GGPL will initially acquire a majority stake in Hampshire Sport & Leisure Holdings Limited, with the completed acquisition of 100% ownership expected within the next 24 months. This transaction represents GGPL’s broader vision of investing in global sports assets through its overseas platform under the GMR Group.
This acquisition is designed to strengthen the financial position of Hampshire Sport & Leisure Holdings Limited, including Hampshire Cricket, and will include a material injection of capital to reduce the leveraging of the Hampshire Sport & Leisure Holdings Group. GGPL has committed to furthering the development of Hampshire’s cricket teams and pathways, as well as enhancing the multi-sports and leisure facilities at the Utilita Bowl, including the stadium, hotel, and golf course. GGPL also emphasises the importance of respecting the traditions and culture of the game in England and Wales.
Under the new ownership structure, Hampshire’s existing leadership team will remain in place. Rod Bransgrove will continue as Group Chairman until at least 30 September 2026, and David Mann will retain his role as Group CEO. Together, they will work with GGPL to develop short, medium, and long-term strategies for the consistent growth of the club and its operations.
As part of the agreement, GGPL will initially acquire a majority stake in Hampshire Sport & Leisure Holdings Limited, with the completed acquisition of 100% ownership expected within the next 24 months. This transaction represents GGPL’s broader vision of investing in global sports assets through its overseas platform under the GMR Group.
This acquisition is designed to strengthen the financial position of Hampshire Sport & Leisure Holdings Limited, including Hampshire Cricket, and will include a material injection of capital to reduce the leveraging of the Hampshire Sport & Leisure Holdings Group. GGPL has committed to furthering the development of Hampshire’s cricket teams and pathways, as well as enhancing the multi-sports and leisure facilities at the Utilita Bowl, including the stadium, hotel, and golf course. GGPL also emphasises the importance of respecting the traditions and culture of the game in England and Wales.
Under the new ownership structure, Hampshire’s existing leadership team will remain in place. Rod Bransgrove will continue as Group Chairman until at least 30 September 2026, and David Mann will retain his role as Group CEO. Together, they will work with GGPL to develop short, medium, and long-term strategies for the consistent growth of the club and its operations.
