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 [...]
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 bids close today. Ambani family and Delhi Capitals among parties Sport Business 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. Morning Wire 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 [...]