England cricket chiefs refusing to let counties blow Hundred cash on wages Sport Business The England and Wales Cricket Board is at loggerheads with a number of counties who are growing increasingly frustrated at delays in accessing the proceeds from the £520m sale of stakes in the eight Hundred franchises last year. While the ECB have already distributed tens of millions of pounds from the sale to counties with [...]
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 [...]
MI London and Sunrisers Leeds: All Hundred deals completed Sport Business All eight deals for Hundred franchises have been completed after the Ambani family concluded negotiations with Surrey CCC. Six of the eight deals in the short-form competition, which saw eight 49 per cent stakes owned by the England and Wales Cricket Board sold to overseas investors, were completed earlier this year but two deals remained [...]
Exclusive: Welsh Fire co-owner wants Hundred to be T20 within two years October 7, 2025 The Indian-American co-owner of The Hundred franchise Welsh Fire, Sanjay Govil, wants the competition to drop its unique format and become a T20 league within two years. The 100-ball format has come under pressure following the sale of stakes in all eight Hundred franchises to overseas investors, some of whom are keen to bring the [...]
Joe Root piles pressure on cricket chiefs over Hundred format September 10, 2025 Joe Root has piled pressure on the England and Wales Cricket Board and the new Hundred owners to keep the competition’s format. While ECB bigwig Richard Thompson said the competition would remain 100 balls per innings, fewer than the 120 seen in Twenty20 competitions, the new franchise investors have been mulling a change to the [...]
Hundred sees 600,000 tickets sold with TV audiences up September 1, 2025 Organisers of The Hundred sold nearly 600,000 tickets for this year’s competition, with viewing figures also up for the fifth edition of the controversial cricket format. The Northern Superchargers beat the Southern Brave in the women’s final on Sunday in a match that drew 22,000 fans at Lord’s in north London. The subsequent men’s final [...]
Are franchise IPOs the end game for The Hundred’s £1bn investors? August 28, 2025 Have The Hundred’s investors figured out yet how they will make a return? Look out for minority stake sales and maybe even listings in India, says Ed Warner. Never make an investment without having a plan on how to sell it. Illiquidity can scupper the most enticing of propositions. The very best portfolio managers, especially [...]
Government commit £1.5m to cricket domes, including in Luton August 25, 2025 The Government has committed £1.5m in funding towards the construction of two indoor cricket facilities ahead of the 2026 Women’s T20 World Cup. The cash injection will see Luton and Lancashire get domes to ensure cricket can be played year-round. DCMS secretary Lisa Nandy said: “Cricket has a remarkable power to inspire and unite communities [...]
Hundred: ECB under fire over opt-out data transfer cut-off date August 15, 2025 Hundred organiser the ECB has come under fire for forcing fans to opt-out of having their data transferred to new franchise owners. At least 49 per cent of each of the eight Hundred franchises have been sold to overseas investors, with some teams selling a majority shareholding. And with it, as is common with ownership [...]
Chanel chief Leena Nair joins Tech Titans investor group at London Spirit August 13, 2025 Chanel chief executive Leena Nair has joined the Tech Titans group of investors who now own 49 per cent of London Spirit. The British-Indian executive was at Lord’s last week for the first game of this year’s Hundred competition between Spirit and Oval Invincibles after reaching out to Nikesh Arora, the chief executive of Palo [...]