Shah Rukh Khan now owns a team in the Caribbean Premier League!

Bollywood superstar Shah Rukh Khan is now also the proud owner of Trinidad & Tobago franchise in the Caribbean Premier League (CPL).

His company Red Chillies Entertainment Pvt Ltd -along with Kolkata Knight Riders co-owners Juhi Chawla and her husband Jay Mehta -has invested in the franchise and CPL’s next edition is scheduled to start from June 20 to July 26.

With T&T, Khan has become the first owner of an Indian Premier League team to own an overseas cricket franchise.

“This is in line with our vision to expand globally. We are thrilled to become part of the cricketing tradition of Trinidad & Tobago. The passion for franchise cricket in the Caribbean is evident with the success of CPL and we hope to bring all the best practices of KKR to the T&T franchise," Khan told Times of India.

KKR, which won IPL in 2012 and 2014, have been ranked the most valuable team with a brand value of $86 million (over Rs 500 crore).

Meanwhile, KKR's chief executive Venky Mysore told TOI, "KKR has been fortunate to be recognised as one of the most professionally managed franchises in IPL.

That experience has encouraged us to expand globally .The idea is to replicate our success in the CPL, keeping the growing interest in this (T20) format in mind."
TOI reported Trinidad & Tobago has a population of about 1.3 million, with people of Indian origin comprising almost 38%, making them the single largest ethnic group.

“If Khan's attempt to tap the Indian expat audience turns out to be successful, the game will move entirely to a new level," added Mysore.
Dwayne Bravo, Darren Bravo, Samuel Badree and Kevon Cooper are a part of T&T, including Kamran Akmal and Johan Botha.

(Image: Indiatimes)