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Actor and film-maker, John Abraham has decided to buy 13 % stakes in Hocley India League’s team, Delhi Waveriders.
The Delhi based team is owned by real estate firm Wave group.
John Abraham’s decision adds to the growing list of film stars who have put their money in the business of sports.
The HIL representative was quoted by Economic Times: “John will be the brand ambassador for the team and will promote hockey and Delhi Waveriders. He will be there for all matches of the Delhi team.”
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The said league started at the beginning of 2013. Delhi Waveriders reached the finals of the tournament only to be defeated by Ranchi Rhinos.
The other teams who participate in this league along with their owners are, Mumbai Magicians, owned by the promoters of Dabur; Punjab Warriors of the Jaypee Group, Patel-Uniexcel group’s Ranchi Rhinos; Uttar Pradesh Wizards, owned by Sahara India; and the latest, Kalinga Lancers owned by Industrial Infrastructure Development and Mahanadi Coalfield.
At the players auction for the hockey league last month, the teams spent a total of $1.4 million for 49 players. Out of the 49 players, 28 were Indians and the rest were from Australia, New Zealand, Spain, Argentina, Ireland, England and South Africa.
