Since the Glazer family purchased one of the six franchises in the embryonic International League T20 a little over a year ago, the new entity has mostly downplayed its links with Manchester United.
The Premier League giants are also owned by Lancer Capital, whose chairman is Avram Glazer, and whose first foray into cricket will begin when Desert Vipers side face Sharjah Warriors in Dubai on Sunday.
As the side started its final preparations for the big kick off for the UAE’s new T20 league, there was at least a hint as to who is backing them.
On Monday morning in Jebel Ali, the Vipers unveiled their jersey. Colin Munro, the New Zealand opener who is the team’s captain, arrived on a speedboat from the tranquil waters of the Arabian Gulf wearing it.
Fittingly, it is a red shirt, with black detail. When they take the field for their opener against Sharjah, maybe they will be wearing white shorts and socks, and football boots, too.
“The owners are happy with how the shirts look,” said Phil Oliver, the Vipers’ chief executive. “There has been a consultation process and the owners have been pretty involved with that.
“We think it is bold, vibrant and different. We hope that is what the Desert Vipers are going to be in this tournament, and have a bit of bite as well.”
The Vipers are the only non-Indian owned side in the new competition, which involves a raft of players from overseas, as well as 24 from the UAE.
Three of the teams – Dubai Capitals, MI Emirates and Abu Dhabi Knight Riders – are run by the owners of Indian Premier League franchises.
While the other three sides may be giving away a little in terms of franchise league experience, the Vipers are confident they will be able to compete when the tournament gets under way.
Their side includes the likes of T20 World Cup winners Alex Hales and Tymal Mills, Sri Lankan all-rounder Wanindu Hasaranga, as well as their in-form captain.
The jersey unveiling was Munro’s first duty after arriving on the red-eye flight from Australia’s Big Bash League, where he had been in fine touch for Brisbane Heat.
Next up will be trying to mould together a new set of players into a competitive unit, but he is confident.
“In terms of our management and coaching support staff, there is so much experience there,” Munro said.
“We have captains all the way through our line-up. I will be leaning on [Vipers’ England wicketkeeper Sam Billings] as much as I can, and have already had chats with him about our squad. We are already looking forward to it.
“It is pretty relaxed and the only thing extra I am going to have to do on game day is toss a coin.
“We have class the whole way down [the squad]. It is going to be tough to leave some of those players out, but you have to manage those squads as well as you can.
“If you can create a good environment, guys still want to be a part of it even if they are not playing, and are still giving at games and training, that is all I can ask for.”
Tom Moody, Vipers’ director of cricket, is targeting a place in the February 12 final in Dubai.
“There are good cricketers and teams that we will be coming across, but at the end of the day we feel confident we will be playing finals,” Moody said.
“That is the aim, to be there at the back end of the tournament. Hopefully we have some good form on our side, and a little bit of luck.”
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Company Profile
Company name: Yeepeey
Started: Soft launch in November, 2020
Founders: Sagar Chandiramani, Jatin Sharma and Monish Chandiramani
Based: Dubai
Industry: E-grocery
Initial investment: $150,000
Future plan: Raise $1.5m and enter Saudi Arabia next year
Engine: 3.5-litre V6
Transmission: eight-speed automatic
Power: 290hp
Torque: 340Nm
Price: Dh155,800
On sale: now
US households add $601bn of debt in 2019
American households borrowed another $601 billion (Dh2.2bn) in 2019, the largest yearly gain since 2007, just before the global financial crisis, according to February data from the New York Federal Reserve Bank.
Fuelled by rising mortgage debt as homebuyers continued to take advantage of low interest rates, the increase last year brought total household debt to a record high, surpassing the previous peak reached in 2008 just before the market crash, according to the report.
Following the 22nd straight quarter of growth, American household debt swelled to $14.15 trillion by the end of 2019, the New York Fed said in its quarterly report.
In the final three months of the year, new home loans jumped to their highest volume since the fourth quarter of 2005, while credit cards and auto loans also added to the increase.
The bad debt load is taking its toll on some households, and the New York Fed warned that more and more credit card borrowers — particularly young people — were falling behind on their payments.
"Younger borrowers, who are disproportionately likely to have credit cards and student loans as their primary form of debt, struggle more than others with on-time repayment," New York Fed researchers said.
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Company info
Company name: Entrupy
Co-founders: Vidyuth Srinivasan, co-founder/chief executive, Ashlesh Sharma, co-founder/chief technology officer, Lakshmi Subramanian, co-founder/chief scientist
Based: New York, New York
Sector/About: Entrupy is a hardware-enabled SaaS company whose mission is to protect businesses, borders and consumers from transactions involving counterfeit goods.
Initial investment/Investors: Entrupy secured a $2.6m Series A funding round in 2017. The round was led by Tokyo-based Digital Garage and Daiwa Securities Group's jointly established venture arm, DG Lab Fund I Investment Limited Partnership, along with Zach Coelius.
Total customers: Entrupy’s customers include hundreds of secondary resellers, marketplaces and other retail organisations around the world. They are also testing with shipping companies as well as customs agencies to stop fake items from reaching the market in the first place.
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