Hundred: Who are winners and losers from £1bn cricket sale? Sport Business 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? Sport Business 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 [...]
Three Hundred franchises up for grabs with bidding set to resume Sport Business 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 [...]
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 [...]
Why English cricket is like the Premier League 20 years ago October 21, 2024 Laurie Pinto advised Hampshire on their sale and sees parallels between the stage cricket finds itself in and the Premier League’s situation two decades ago.
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 [...]
Ahead of the Game: ECB threatens to withhold Hundred franchise over Hampshire sale September 25, 2024 Hampshire have been warned they will be blocked from taking control of the Southern Brave if prospective new owners Delhi Capitals do not pay a fair market value for the Hundred franchise. In a significant intervention that could also apply to Yorkshire, who are in takeover talks with Sunrisers Hyderabad, the England and Wales Cricket [...]