City duo open batting on launch of Royals2020 global cricket franchise
Charles Russell has won a role opposite CMS Cameron McKenna advising Hampshire Cricket on the creation of the world's first global cricket franchise - Royals2020. The new brand was launched at a press conference earlier this month (8 February) and will see Hampshire join Rajasthan Royals (India), Cape Cobras (South Africa), Trinidad & Tobago (West Indies) and Victoria Bushrangers (Australia) in the new franchise.
February 24, 2010 at 07:04 PM
2 minute read
Charles Russell and Camerons take key roles on Royals2020 launch
Charles Russell has won a role opposite CMS Cameron McKenna advising Hampshire Cricket on the creation of the world's first global cricket franchise – Royals2020.
The new brand was launched at a press conference earlier this month (8 February) and will see Hampshire join Rajasthan Royals (India), Cape Cobras (South Africa), Trinidad & Tobago (West Indies) and Victoria Bushrangers (Australia) in the new franchise.
The deal will see all of the teams in the Royals wearing the same shirt in Twenty20 matches, with revenue generated through tickets, broadcast rights, sponsorship deals and prize money to be split between the five teams, with player-sharing also an option.
Charles Russell fielded a team from its sports group led by senior associate Ian Lynam to advise Hampshire.
Camerons advised Royals2020 on the franchise deal after being instructed by longstanding client Manoj Badale, chairman of Rajasthan Royals. The top 20 UK law firm's team was led by corporate partner Christopher Southorn and corporate associate Steven Mack.
Lynam told Legal Week: "Global franchises have been on the agenda in sport for some time, particularly in football, but Royals2020 represents a true first. Where Rajasthan and Hampshire have led, others are sure to soon follow."
Charles Russell's sports group has expanded into cricket over the last two years and acts for a large client roster including the Indian Premier League, which it advises on doping matters.
For more analysis, see Sports deal rush sees top firms put some skin in the game
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