Former India fast bowler Zaheer Khan has entered franchise ownership in the Lanka Premier League (LPL) after Anchor Sports AB, a Stockholm-based sports ownership group in which he is a co-owner, acquired the Jaffna Kings franchise. The acquisition marks a significant milestone for both the former cricketer and the successful LPL team, opening a new chapter in Sri Lanka’s premier T20 competition.
According to the official announcement, the franchise will now operate under the name Anchor Jaffna Kings, reflecting its new ownership structure. The development has attracted considerable attention in the cricketing world, as Zaheer Khan becomes one of the latest former international players to expand his involvement in the sport through franchise ownership.
Anchor Sports AB, co-owned by Zaheer Khan and businessman Nagendra Siddu, has officially completed the acquisition of the Jaffna Kings franchise. The ownership group aims to strengthen the team’s long-term vision while building a sustainable sporting model that combines competitive success with professional management.
The acquisition comes shortly after changes in the franchise’s previous ownership, creating an opportunity for new investors to guide one of the most successful teams in Lanka Premier League history.
The management has indicated that the focus will remain on maintaining high standards both on and off the field.
Jaffna Kings have established themselves as one of the strongest franchises in the Lanka Premier League since the tournament began. The team has consistently delivered impressive performances and has built a loyal fan base through its competitive cricket and successful campaigns.
Over multiple seasons, the franchise has featured several renowned international and Sri Lankan cricketers, helping it become one of the league’s most recognizable teams.
With new ownership now in place, supporters will be hoping the franchise continues its winning tradition while pursuing further success in future editions of the tournament.
Zaheer Khan has remained actively involved in cricket even after retiring from international competition. Over the years, he has contributed as a mentor, cricket expert, administrator, and advisor across various domestic and franchise tournaments.
His latest venture into franchise ownership reflects a growing trend among former players who are choosing to remain connected with the sport by taking leadership roles in team management and sports business.
His experience as one of India’s most successful fast bowlers is expected to bring valuable insight to the franchise’s future planning.
The acquisition highlights the increasing global interest in franchise cricket. Investors and former players continue to recognize the commercial and sporting opportunities presented by T20 leagues around the world.
For the Lanka Premier League, attracting experienced sports professionals and international investors can help strengthen the competition’s reputation while supporting its long-term growth.
Industry experts believe such investments improve professional management, commercial partnerships, player development, and fan engagement.
Although detailed plans have not yet been announced, the new ownership is expected to focus on strengthening every aspect of the franchise.
Key priorities may include:
These initiatives could help the franchise remain one of the leading teams in the Lanka Premier League.
Franchise-based T20 leagues continue to reshape the global cricket landscape. Competitions such as the Indian Premier League (IPL), Lanka Premier League (LPL), SA20, ILT20, and Major League Cricket have attracted worldwide audiences, international sponsors, and leading players.
These leagues provide opportunities for emerging talent while allowing experienced cricketers to share their knowledge with younger players. They also contribute significantly to the commercial growth of cricket across different regions.
The entry of Anchor Sports AB adds another experienced ownership group to the Lanka Premier League ecosystem. Strong franchise ownership often plays an important role in ensuring financial stability, professional operations, and long-term planning.
The league continues to attract growing international attention as more investors and cricket personalities become involved in its development. Such partnerships can further improve competition standards while increasing the league’s global visibility.
The announcement has generated excitement among Jaffna Kings supporters, who will be eager to see how the new ownership shapes the team’s future. Fans will closely follow upcoming player signings, coaching appointments, and preparations ahead of the next LPL season.
Zaheer Khan and Anchor Sports AB aim to strengthen the franchise’s future.
The involvement of former international cricketers in franchise ownership reflects the changing landscape of modern cricket. Experienced players bring valuable knowledge of team building, player management, and high-performance environments, which can benefit clubs beyond the playing field. Their presence also strengthens the connection between franchises and supporters while encouraging professional standards across cricket leagues. Cricket personalities are set to shape the future of franchise competitions worldwide.
The acquisition of Jaffna Kings by Anchor Sports AB reflects the growing confidence of former international cricketers in franchise-based competitions. Investments from experienced professionals can strengthen team management, improve player development, and enhance long-term planning. Zaheer Khan’s extensive experience in international cricket is expected to bring valuable strategic insight to the franchise as it prepares for future Lanka Premier League seasons. Fans will now be eager to see how the new ownership shapes the team’s vision and strengthens its squad. Fans will closely watch the team’s next chapter. They will also be eager to see how the new ownership builds on Jaffna Kings’ successful legacy.
The Zaheer Khan Jaffna Kings acquisition marks an important milestone for the former Indian fast bowler. It also represents a significant development for the Lanka Premier League. Anchor Sports AB has acquired one of the competition’s most successful franchises. The acquisition is expected to create new opportunities for growth, strengthen management, and support the team’s continued success. Cricket fans will now look forward to seeing how the new leadership guides Anchor Jaffna Kings in the seasons ahead.
Source: ANI
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