Ahead of the Game: Six Nations TV rights tender hit by delay February 12, 2025 The Six Nations TV tender has been put on hold due to delays in finalising the format of the new global Nations Championship, which will launch next year. The 12-team tournament will definitely take place, with each nation playing three games in each hemisphere followed by play-offs in London, but the Six Nations and Sanzaar [...]
Kolkata Knight Riders lose Trent Rockets Hundred team to Chelsea owner February 11, 2025 The face of Chelsea’s US ownership group, Todd Boehly, has won the auction to purchase 49 per cent of the Trent Rockets Hundred franchise. The deal, which would value the Nottingham-based team at £79m, is the penultimate Hundred franchise to be sold, with Southern Brave expected to be auctioned to Hampshire owner the GMR Group [...]
Surrey to keep majority as Mumbai Indians owners confirm Oval Invincibles stake February 10, 2025 Surrey have confirmed that they will remain majority owners of the Hundred franchise Oval Invincibles after taking investment from super-rich Indian family the Ambanis. The family, through Reliance Industries Limited, have agreed to purchase a 49 per cent share in the south London side in a deal that values them at around £125m. It was [...]
County cricket windfall from Hundred sale must be spent properly February 6, 2025 With every county cricket club set to profit to the tune of millions from the Hundred sale, the ECB must ensure the windfall is money well spent. I dreamt last night that DeepSeek bought my favourite football club. Trouble was that the stadium PA played Glory, Glory Tottenham Hotspur as the players took to the [...]
Mark Kleinman: NatWest staff set for Valentine’s Day bonus February 6, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles a love-in at NatWest, a Budget blow to private healthcare and how cricket went all out NatWest staff set for Valentine’s Day bonus The finishing line is in sight. NatWest’s journey through [...]
Brady-backed advisory firm Knighthead spends £100m in Birmingham February 5, 2025 The UK government has welcomed Birmingham City owners Knighthead Capital’s £100m investment into Britain’s second city, which is centred around a 60,000-seat stadium. The American advisory firm, in which NFL great Tom Brady owns a small stake, has spent the money on a 48-acre site near to Birmingham City’s St Andrew’s home for the mega-project. [...]
Sunrisers Hyderabad owners buy Northern Superchargers outright February 5, 2025 Owners of Sunrisers Hyderabad Indian Premier League (IPL) team have purchased 100 per cent of Northern Superchargers in the Hundred. It is the latest sale in a series of eight auctions in which the England and Wales Cricket Board are flogging off 49 per cent of each team. The deal between Indian media conglomerate Sun [...]
Making it Raine: US bank to earn £10m from Hundred franchise sales February 5, 2025 The Raine Group is on course to bank around £10m in commission from its role in the sale of the eight Hundred franchises. City AM has learned that the New-York based bank will earn fees worth two per cent of the price paid for 49 per cent stakes in the franchises sold by the England [...]
Three Hundred franchises up for grabs with bidding set to resume February 4, 2025 The sale of the final three Hundred franchises could resume on Wednesday after being paused by England cricket chiefs to allow for previously unsuccessful bidders to reassess their options. Northern Superchargers, Trent Rockets and Southern Brave are still up for grabs following a £340m investment in the other five franchises which valued them at almost [...]
Lucknow Super Giants owner wins £100m race for Manchester Originals February 3, 2025 RPSG Group, the owner of Indian Premier League team Lucknow Super Giants, has won the race to buy into Manchester Originals in a deal valuing the Hundred franchise at £100m. The conglomerate, chaired by Sanjiv Goenka, has agreed to pay around £50m for the England and Wales Cricket Board’s 49 per cent stake in the [...]