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Major League Cricket (MLC) announced on Friday the approval of an exclusive negotiating agreement (ENA) to move forward with lease negotiations and design approvals to build a world-class cricket venue on a 15-acre parcel at Great Park in partnership with the Knight Riders Group and the City of Irvine.

A multi-million dollar investment will be made in the project, and internationally renowned architects HKS will create an iconic home for the sport in the Greater Los Angeles metropolitan area.

The Knight Riders Group (KRG) is a founding investor in the MLC and is collaborating closely with the league on several areas of its launch.

Bollywood super star, Shah Rukh Khan said, “Our investment in MLC in America, is based on our belief in the exciting future of cricket in the USA and is well aligned to our strategy of establishing Knight Riders as a global brand in T20 cricket. Plans to build a world class cricket stadium in the greater Los Angeles area is exciting for us and MLC. This will no doubt have a transformational impact on one of the world’s most iconic metropolitan areas.”

KRG, the owners of the Indian Premier League's (IPL) Kolkata Knight Riders (KKR) and the Caribbean Premier League's (CPL) Trinbago Knight Riders (TKR), brings to MLC tremendous knowledge from one of the most successful brands in worldwide T20 cricket.