Nawat Itsaragrisil in entrance of the Miss Universe brand. Picture from his Fb web page.
Simply because the Miss Universe pageant introduced that Thailand will host the 74th version of the. competitors, a significant shakeup developed with controversial pageant character Nawat Itsaragrisil buying possession of his nation’s native Miss Universe franchise for 5 years starting 2025.
Because of this Itsaragrisil, who additionally owns the Miss Grand Worldwide group, will select the host delegate to the worldwide pageant later this 12 months.
Itsaragrisil hinted as a lot when he posted an image of himself on social media with the Miss Universe brand as backdrop, captioning his put up as: “Miss Universe x MGI Org.”
A doc acquired by the Thai Enquirer confirmed that the deal amounted to THB180 million (P309.6 million), and covers the interval between 2025 and 2029.
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The doc dated Feb. 17 acknowledged that the Miss Grand Worldwide board has accredited an funding for organizing the Miss Universe Thailand pageant, the nationwide competitors that may select the Southeast Asian nation’s delegate to the Miss Universe pageant.
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Of the THB180 million funding, THB30 million will come from the Miss Grand Worldwide’s working capital, whereas the remaining THB150 million will come from the corporate’s mortgage from its proprietor, Itsaragrisil.
With the brand new acquisition, the Miss Universe Group is dropping TPN International Co. because the franchise holder from Thailand.
Beneath TPN, Thailand has produced 2023 Miss Universe first runner-up Anntonia Porslid and 2024 third runner-up Opal Suchata.
With the Miss Grand Worldwide’s acquisition of the Miss Universe Thailand pageant beginning this 12 months, Itsaragrisil could now even be concerned in staging the 74th Miss Universe pageant as a part of the organizing committee.
Reviews are circulating that Itsaragrisil and Miss Grand Worldwide will launch an announcement relating to the matter on Tuesday, Feb. 18.
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