The Hundred sale

The final round of The Hundred equity sale process is underway, with stakes in six teams having been sold by Thursday (February 6). Here are the latest updates and developments around The Hundred sale process.

What is The Hundred equity sale?

The ECB began the equity sales process in September last year in an attempt to ensure the financial security of English domestic cricket for the foreseeable future by securing private investment. The final round of the process started last Thursday (January 30) and as of Wednesday (February 5), stakes in six of the eight teams have been sold.

When does the next season of The Hundred start?

The sixth edition of The Hundred is scheduled to start on August 5 with London Spirit taking on defending champions Oval Invincibles, who won last year's final by beating Southern Brave by 17 runs.

You can catch the live updates around The Hundred equity sale auction right here.

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Which teams are to come next?

Shares for Nothern Superchargers will be up for grabs on February 5, with Trent Rockets and Southern Brave the last two teams to close out the process, possibly next week.

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RPSG group bag Manchester Originals deal

Sanjiv Goenka led RPSG group, which owns the Lucknow Super Giants in the IPL, secured a deal with Lancashire for a 70% stake in the Manchester Originals.

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Reliance group teams up with Surrey to secure stake in Oval Invincibles

The Mumbai Indians owners will now own a 49% stake in the Oval Invincibles having negotiated a £60m price with them. 

 

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Which teams have secured investment so far?

Stakes in London Spirit, Oval Invincibles, Birmingham Phoenix, Welsh Fire and Manchester Originals have been sold so far.

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