Franchise Notes: Indian Cricketer Mahendra Singh Dhoni Takes Over Ranchi Rays

Indian cricket team Captain Mahendra Singh Dhoni has "now become the owner of the Ranchi team" for the Hockey India League along with Sahara India Pariwar. The new franchise has been named the Ranchi Rays (INDIAN TELEVISION, 10/27). ... A deal between EPL side Crystal Palace and American businessman Josh Harris, the co-founder of Apollo Global Management, is "understood to be 90% agreed in principle and worth around £70M ($113M)." Current co-Chairman Steve Parish is "adamant that nothing imminent will happen, although talks have progressed well" and he would stay on in his current capacity and run the club on a day-to-day basis. Harris has "been interested in purchasing an English football club for some time" and first held talks with Palace’s owners, CPFC 2010, during their recent pre-season tour of America (London GUARDIAN, 10/27).