T20 Global League franchise Stellenbosch Monarchs reveals its logo
The side will be headed by Faf du Plessis
Published - Aug 19, 2017 2:05 pm | Updated - Aug 19, 2017 2:05 pm
T20 Global League franchise Stellenbosch Monarchs have finally revealed their logo for the upcoming league. The future of the franchise was recently covered with a shadow of doubt as one of the two investors pulled out of the league. Cricket South Africa recently briefed on the future of the intended franchise of the Boland region.
An investment firm named Brimstone committed to investing in one of the eight teams featuring in the in the T20 Global League. The announcement was made in a glitzy London Launch function. The firm was earmarked as one of the eight franchises for the team featuring in the competition. That said, Brimstone soon issued a statement of it non-participation for the upcoming tournament.
“Following the announcement in June this year, Brimstone continued its own internal process in regards to the proposed acquisition of the franchise. As a result of this process, the company has decided not to proceed with this venture,” further briefed the statement.
“We follow a rigorous investment process. This venture had to undergo the same process and be tested against our standard investment criteria as all other investment proposals. Our investment decisions take cognisance of the risks and benefits to all our stakeholders. We wish CSA well with the T20 Global League and will continue to support the development of, and access to, the sport in various other ways,” commented the co-founder and chief executive of Brimstone, Mustaq Brey.
However, the Twitter handle of the T20 Global league recently revealed its logo to keep the hopes of the fans up and running. Faf Du Plessis would be heading Stellenbosch Monarchs along with the mentorship of Stephen Fleming and Eric Simmons. The side will play its home matches at Boland Park in Paarl.
“It’s great to have the experience and knowledge of the world great like Stephen Fleming in our set up. I’m really looking forward to playing at Boland Park. Having a local T20 league will attract some big names to this beautiful part of our country and I’m privileged to be representing this team,” commented Faf Du Plessis.
Here’s the Tweet
— T20 Global League (@T20GL_) August 18, 2017