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The Hundred auction: What happened and what does it mean?

The ECB has sold the eight Hundred franchises to private investors
Subject to satisfactory conclusion of the exclusivity period, each of The Hundred franchises will have new ownership. The new owners come from a variety of different business backgrounds, including Chelsea FC co-owner Todd Boehly-owned Cain International group who have bought a 49% stake in the Trent Rockets.

The eight bids have placed a total enterprise value of just over £975m on The Hundred teams.
If all the deals go through, the stakes being sold will result in more than £520m being injected into the professional and re...

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