Exclusive: Hundred investors in power struggle with counties Sport Business The honeymoon period for some Hundred franchises following their windfall from overseas investors appears to be over, with relationships between counties and the new co-owners at multiple teams described as “fractious”. Sources with knowledge of the power struggle told City AM that “culture clashes” between investors, mostly from India and the US, had led to [...]
Birmingham Phoenix tee up Castore as Hundred teams ditch New Balance Sport Business Birmingham Phoenix have agreed a kit deal with Castore for next season, with The Hundred’s long-term apparel supplier, New Balance, increasingly being phased out by the franchises that are under new ownership. City AM revealed last week that London Spirit are also dropping New Balance after the current campaign, with their new co-owners, Cricket Investor [...]
ECB hails ‘exciting new phase’ after six Hundred deals completed Sport Business England and Wales Cricket Board chair Richard Thompson has welcomed “an exciting new phase” for cricket after confirming completion of the sale of six stakes in The Hundred franchises. The six deals formally finalised ahead of next week’s fifth season include London Spirit, Birmingham Phoenix, Manchester Originals, Northern Superchargers, Southern Brave and Welsh Fire. Despite [...]
Moeen Ali to miss the Hundred and leave county cricket February 24, 2025 The Hundred chiefs have suffered a setback after Birmingham Phoenix captain and former England all-rounder Moeen Ali opted out of this summer’s tournament. Moeen, 37, will take on a player-coach role for the final year of his contract with Warwickshire, which will see him try to help the Birmingham Bears win the T20 Blast. That [...]
Hundred: Who are winners and losers from £1bn cricket sale? February 14, 2025 When a collective £975m valuation was placed on the Hundred this month many were surprised a competition in its infancy could fetch such a number. But the franchise competition through, largely, eight 49 per cent stakes being sold by the England and Wales Cricket Board, has exceeded expectations – around £700m was seen as a [...]
Ambanis and Boehly: Who owns the Hundred teams after £975m sale? February 13, 2025 With the sale of Southern Brave confirmed on Wednesday, all eight of the England and Wales Cricket Board’s 49 per cent stakes in Hundred franchises have been sold. Sellers, counties and buyers will now enter into exclusive negotiations on the details but it is expected to run, mostly, without a hitch. The valuations placed on [...]
Hundred: Sale of franchise stakes could value cricket league at £700m January 29, 2025 English cricket is set for a major financial boost with the Hundred sale, which enters its final round of bidding, expected to value the eight franchises at as much as £700m. That figure is double the sum the England and Wales Cricket Board rejected from Bridgepoint for the whole tournament in 2022 and would therefore [...]
Ahead of the Game: Trump’s pledge to LIV and PGA, Charlton eye move November 6, 2024 LIV Golf executives will be cheered by Donald Trump’s march on the White House in the belief that the former president’s second US election win would lead to the long-heralded merger with the PGA Tour finally taking place. Negotiations between the two rival tours have been taking place for over 18 months, with one of [...]