GMR Group has acquired a stake in Southern Brave, finalising the ECB’s equity distribution process for The Hundred. With this deal, Southern Brave becomes the fourth Hundred team with IPL-linked ownership, joining Northern Superchargers (Sun Group), Manchester Originals (RPSG Group), and Oval Invincibles (Reliance).The group, which co-owns IPL franchise Delhi Capitals, had already secured majority…
Todd Boehly (Getty Images) NEW DELHI: Chelsea owner Todd Boehly has reached an agreement to purchase a 49% stake in The Hundred franchise Trent Rockets.The deal, valued at just under 40 million pounds, will be executed through Cain International, a company co-founded by Boehly and British businessman Jonathan Goldstein. The investment values the entire Rockets…
The Mumbai Indians (MI) have found their way through to The Hundred, England’s 100-ball competition. On Monday, February 10, the owners of MI, Reliance Industries Limited (RIL), through its subsidiary, RISE Worldwide, partnered with Surrey County Cricket Club (SCCC) for the Oval Invincibles, a London-based club. Surrey, in the meantime, retained 51 percent of its…
The ownership structure will have Reliance holding a 49 percent share, while Surrey will maintain a controlling 51 percent stake in Oval Invincibles. (Photo credit: X) NEW DELHI: The Surrey County Cricket Club on Monday announced their new partnership with Reliance Industries Limited (RIL), the owners of Mumbai Indians, where the two will jointly own…
Sanjiv Goenka (Image credit: BCCI/IPL) NEW DELHI: The RP-Sanjiv Goenka Group, led by business tycoon Sanjiv Goenka, acquired 70 percent stake in the Manchester Originals cricket franchise for approximately 75 million pounds – valuing the franchise at 107 million pounds – following an auction on Monday. The RPSG Group outbid a US-based private equity firm…
Sanjiv Goenka. (Pic Credit – X) Sanjiv Goenka, owner of Lucknow SuperGiants and Durban SuperGiants, as well as the head of the RPSG Group, has successfully acquired the Manchester Originals franchise in The Hundred tournament.According to Cricbuzz, the exact purchase value remains undisclosed but the deal is approximately worth £107 million. This figure is nearly…
(Clockwise from left) Palo Alto Networks CEO Nikesh Arora, Microsoft CEO Satya Nadella, Times Internet Limited vice chairman Satyan Gajwani US-led consortium’s winning bid stood at £295 millionLONDON: A consortium of US-based Indian techies have won the bid to own 49% of The Hundred‘s Lord’s franchise London Spirit.Microsoft CEO Satya Nadella, Google CEO Sundar Pichai,…
NEW DELHI: A consortium of US-based Indian techies have won the bid to own 49% of The Hundred‘s Lord’s franchise London Spirit.Microsoft CEO Satya Nadella, Google CEO Sundar Pichai, Palo Alto Networks CEO Nikesh Arora, Times Internet Limited vice chairman Satyan Gajwani, Adobe CEO Shantanu Narayen, Silverlake Technology CEO Egon Durban, Sequoia’s Jim Goetz and…
NEW DELHI: Reliance Industries Limited (RIL), owners of the global Mumbai Indians franchise, have secured ownership of the Oval Invincibles franchise in The Hundred. According to Cricbuzz, they won the bid with a staggering £123 million offer, significantly exceeding expectations.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!Sources indicate that the team’s enterprise value…
(Photo by Ashley Allen/Getty Images) Tymal Mills has seen the highs, lows and everything in between during a career that’s currently in its 15th year. He has been the quintessential T20 globe-trotter, playing for teams in IPL, ILT20, the Hundred, PSL, T20 Blast, BBL, APL and BPL. The package he brings of left-arm pace, searing…