Institute of rural management, Research institution in Anand, India

New Delhi [India], June 6 : The Global Chess League (GCL) unveiled the six participating franchises for its highly anticipated first edition. The league, set to revolutionize the chess ecosystem, will commence with a players' draft where franchise owners will select players for their respective teams.The GCL aims to redefine the world of chess by bringing together the brightest stars in the game, including Viswanathan Anand, Ding Liren, Magnus Carlsen, Ian Nepomniachtchi, Hou Yifan, Kateryna Lagno, and other renowned players, alongside distinguished sports entrepreneurs as franchise owners.U SPORTS, Insurekot Sports (ISPL), Punit Balan Group, Triveni Engineering & Industries Ltd., Chingari App, and APL Apollo-led SG Sports are the franchises committed to propelling the chess revolution forward.The league is scheduled to take place from June 21st to July 2nd, 2023, at the Dubai Chess and Culture Club.The FIDE President, Arkady Dvorkovich, said, "Global Chess League started as a dream, and as we are heading towards its actualisation, we have found the right partners who believe in the vision. We are excited that such reputed entrepreneurs have joined the ranks of GCL. We want to welcome all the owners and their teams to the GCL family and look forward to making the league a big success."Jagdish Mitra, Chairperson of the Global Chess League Board said, "GCL, the world's first and largest official franchise league of its kind, blends traditional chess with the new era, aiming to enhance fan experience through digitization, innovation, and technology. The joint-team format, encompassing men, women, and U21 players, demonstrates our commitment to equal opportunities for all. With a cutting-edge broadcast reaching 600 million viewers in 160 countries, GCL will captivate new fans worldwide. We are delighted to have found the right partners to establish GCL's strong presence across continents and look forward to creating a lasting legacy."Joining the GCL bandwagon are three experienced sports entrepreneurs U SPORTS, Insurekot Sports, and Punit Balan Group. They are renowned for their successful investments in various franchises across leagues. Apart from the seasoned owners, three new names, Triveni Engineering & Industries Ltd., Chingari App, and APL Apollo-led SG Sports, have joined the franchise owners' ranks.With a strong vision and long-term commitment to establishing a solid foundation, the Global Chess League (GCL) has unveiled plans to kick off its first two seasons with the participation of six dedicated franchises.The annual GCL tournament will introduce a unique mixed-team format, wherein each of the six franchises will engage in a total of 10 matches played in a double round-robin style. In this exciting setup, the winner of each match will be determined through a best-of-six board scoring system, played simultaneously. The top two teams emerging from these thrilling encounters will then proceed to the final, scheduled to take place on July 2, 2023, where the ultimate honour of being crowned the World Champion Franchise Team awaits.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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