Making it Raine: US bank to earn £10m from Hundred franchise sales Sport Business The Raine Group is on course to bank around £10m in commission from its role in the sale of the eight Hundred franchises. Morning Wire 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 [...]
Ahead of the Game: Yorkshire land financial boost from Castore deal Sport Business Yorkshire have agreed a multi-million pound kit deal with Castore in a major boost for the cash-strapped county. The five-year contract is the first significant commercial deal brought to the club since their leadership was overhauled following the return of Colin Graves as chairman in February. Graves has yet to secure the £4m outside investment [...]
Ahead of the Game: ECB threatens to withhold Hundred franchise over Hampshire sale Sport Business 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 [...]