Who Owns The Teams Competing In The Hundred?

1 month ago

Tasnim Chowdhury

BBC Sport journalist

The income of six of nan 8 franchises successful The Hundred were completed past month, pinch Oval Invincibles and Trent Rockets still successful nan process of being sold.

Four teams are, aliases will be, owned by companies pinch stakes successful Indian Premier League (IPL) sides, while nan different 4 are supported by American investment.

Investors will return operational power from 1 October, meaning they will person nary nonstop engagement successful this year's competition.

Here is simply a database of nan ownership breakdown crossed each squad that competes successful The Hundred:

Birmingham Phoenix are part-owned by American finance group Knighthead Capital Management, who person a 49% stake. Knighthead besides ain Birmingham City Football Club. Warwickshire County Cricket Club retained 51% ownership.

London Spirit besides person an American-based number shareholder successful Tech Titans (49%). Marylebone Cricket Club ain nan mostly 51%.

Indian institution RPSG Group has purchased 70% of Manchester Originals. Lancashire Cricket Club ain nan different 30%. RPSG's portfolio of investments see IPL broadside Lucknow Super Giants and Durban's Super Giants successful nan SA20.

Northern Superchargers were purchased by The Sun Group, who paid conscionable complete £100m for a 100% stake. They besides ain IPL broadside Sunrisers Hyderabad and Sunrisers Eastern Cape successful South Africa.

Reliance Industries Limited, owned by nan Indian multi-billionaire Ambani family, person agreed to a 49% liking successful Oval Invincibles. This is still to beryllium completed. Surrey will clasp nan mostly 51%. Reliance besides ain IPL squad Mumbai Indians.

GMR Group, who besides ain IPL outfit Delhi Capitals and Hampshire, person bought a 49% liking successful Southern Brave.

Chelsea co-owner Todd Boehly's institution Cain International has agreed to bargain a 49% stock of Trent Rockets, but this is yet to beryllium completed. Nottinghamshire Cricket Club will clasp power of nan different 51%.

American group Washington Freedom person a 50% liking of Welsh Fire. Host region Glamorgan ain nan different half.

Why were nan teams sold?

The England and Wales Cricket Board (ECB) chair Richard Thompson says nan franchises were sold to "fuel nan competition's growth".

More than £500m generated via nan income will besides beryllium shared among nan master counties, pinch astatine slightest £50m for grassroots cricket.

The ECB still retains ownership of The Hundred and power of nan regulations and playing window.

A caller committee will beryllium established, featuring representatives from nan ECB and nan competing teams, and will determine nan strategical guidance and commercialized maturation of nan tournament.

Speaking astir nan caller owners, Thompson said: "We're entering an breathtaking caller shape and a seminal infinitesimal for cricket successful England and Wales.

"We've sewage group who person ne'er invested successful cricket.

"Todd Boehly and Cain, they're large investors successful football, you've sewage nan Washington outfit that person invested successful Edgbaston - they spot nan opportunity successful here.

"We don't person a home title that generates thing for illustration nan income that a rugby aliases a shot does.

"There needed to beryllium a rebalancing wherever we could make an income from nan halo of Test cricket, but underneath it, you request a thriving home competition."

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