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: Hundred franchises set to choose their investors January 15, 2025 The eight Hundred franchises have been asked to name and rank at least two preferred bidders from the private investors who have submitted offers for a 49 per cent stake in the third and final round of the auction process which is currently taking place. All of the Hundred teams attracted multiple bids in the [...]
The England players in the IPL auction this Sunday November 23, 2024 This weekend the IPL auction gets underway in Saudi Arabia with 38 Brits in contention for a spot in the Indian Premier League. Jofra Archer returned to the fold late on in the game while James Anderson has registered for the auction for the first time since his retirement. The likes of Ben Stokes and [...]
Ed Warner: Gold rush for athletes as sport venures into crazy territory November 21, 2024 Too much money chasing too few goods spells inflation. In the madcap pursuit of novel sporting ventures it is the athletes whose prices are swelling.
Hundred bids close today. Ambani family and Delhi Capitals among parties October 18, 2024 Bidding in the first round of the Hundred auction closes today with the ECB confident that the eight franchises will attract between 60 and 80 bids. City AM has been told that many of the bidders have put in offers for several Hundred franchises however, which the ECB are encouraging in an attempt to inject [...]
Hampshire sell up but insist Southern Brave won’t be thrown in for free September 30, 2024 Hampshire Cricket insist GMR is not getting a Hundred franchise on the cheap after agreeing a deal to become the first Indian-owned county in the English game. GMR, which owns Indian Premier League side the Delhi Capitals, has signed a deal worth around £120m to acquire Hampshire and the Utilita Bowl, and pay down debt. [...]
Indian Premier League owners agree deal to buy Hampshire Cricket September 30, 2024 Hampshire Cricket has confirmed it has agreed a sale to GMR Global Pte Ltd (GGPL), the owners of Indian Premier League side the Delhi Capitals. The deal, believed to be worth £120m, will see GGPL acquire Hampshire Cricket and the Utilita Bowl but it remains unclear if it will also include a 51 per cent [...]
IPL could ban English players for two years if they pull out September 29, 2024 The world’s biggest T20 league the IPL (Indian Premier League) could enforce two-year bans on English players under new plans. If players are purchased in the auction or retained by their IPL side and then pull out before the 2025 competition, they will be barred from competing in the Indian domestic league for two years. [...]
Archer back in ODI team, Smith on rivalries and Ponting goes to IPL September 18, 2024 Jofra Archer will return to the England ODI fold against Australia while Jamie Smith talks rivalries and Ricky Ponting secures an IPL gig at Punjab Kings Fast bowler Jofra Archer will play his first ODI match for England since March 2023 when he takes on Australia today. The pacer injured his elbow and back in [...]
Rugby needs to look to USA and other wild ideas September 13, 2024 When I read this week in City A.M. that Premiership rugby clubs are keen to head to the United States again I was pleased, if not too surprised. It didn’t really take off in 2016 and 2017, when clubs from the Gallagher Premiership last went across the pond, but that’s not to say rugby cannot [...]