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Trent Rockets

  • NBA Europe to copy The Hundred sale process as bid deadline arrives

    Sport Business

    The NBA will borrow from English cricket’s playbook when its plans to launch a European league in 2027 take another step forward this week. Potential investors including Saudi Arabia’s Public Investment Fund, RedBird Capital and Qatar Sports Investments have until midnight on Tuesday New York time to lodge their bids for one of the 12 [...]

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  • 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 [...]

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  • Surrey close £60m Oval Invincibles deal with Reliance after eight months

    Sport Business

    Surrey have finally exchanged contracts with Reliance Industries over the shareholders’ agreement governing their new partnership in the Oval-based Hundred team after almost eight months of negotiations.  The Mumbai Indians owners agreed to pay £60m for 49 per cent of the franchise in February, but talks over the finer details of the deal have been [...]

    Oval Invincibles won The Hundred men's competition for a third time in a row this year
  • The Hundred can be cricket’s equivalent of Wimbledon, says chief

    September 1, 2025

    English cricket chiefs want to see The Hundred become its equivalent of Wimbledon as the franchise competition heads for the biggest changes in its short history. The Hundred board, comprising new investors, meets today to discuss next steps, with a change in financial distributions, commercial deals, team names and the titular format all on the [...]

  • London Spirit captain hopes Hundred investment can close pay gap

    August 4, 2025

    London Spirit captain Charlie Dean hopes that more investment into The Hundred can close the pay gap between the men’s and women’s competitions. Players in the women’s top bracket of this year’s edition of The Hundred are set to earn £65,000, a 30 per cent increase on last year, for a month of cricket. In [...]

  • ECB hails ‘exciting new phase’ after six Hundred deals completed

    July 30, 2025

    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 [...]

  • 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 [...]

  • 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 [...]

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