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 [...]
Exclusive: Welsh Fire co-owner wants Hundred to be T20 within two years Sport Business 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 [...]
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 [...]
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 [...]
London Spirit win dramatic women’s Hundred final in front of record crowd August 18, 2024 Sharma hit Fire bowler Hayley Matthews back down the wicket and all the way to the boundary, where Shabnim Ismail was unable to hold the catch.