with Oval Invincibles and Trent Rockets still navigating the sale process. Half of the franchises are, or will soon be, owned by entities with investments in Indian Premier League (IPL) teams, while the remaining four benefit from American financial backing. New investors will assume operational control starting October 1, meaning they will not influence this season’s competition. Discover the investors reshaping the future of the league
Northern Superchargers - The Sun Group
The Sun Group, known for owning Sunrisers Hyderabad in the IPL, has taken full control of Northern Superchargers with a 100% stake. This acquisition underscores their commitment to expanding their global cricket footprint. Leveraging their expertise in managing successful franchises, the group aims to elevate the team’s performance and fan engagement in Leeds.
Oval Invincibles - Reliance Industries
The Ambani family, through Reliance Industries, has acquired a 49% stake in Oval Invincibles, adding to their portfolio that includes Mumbai Indians. This move brings their business acumen and cricket expertise to London’s iconic Oval.
Southern Brave - GMR Group
GMR Group, the force behind Delhi Capitals, has secured a 49% stake in Southern Brave, based in Southampton. Their investment reflects a strategic push to expand their influence in global cricket. With a proven track record in infrastructure and sports management, GMR aims to elevate the team’s facilities and performance.
Trent Rockets - Cain International
Cain International, led by Chelsea FC owner Todd Boehly, has acquired a 49% stake in Trent Rockets, based in Nottingham. This investment blends Boehly’s sports management expertise with The Hundred’s innovative format.
Manchester Originals - Sanjiv Goenka
Sanjiv Goenka’s RPSG Group, owners of Lucknow Super Giants, has taken a commanding 70% stake in Manchester Originals. This significant investment highlights their ambition to dominate global cricket markets. With their experience in nurturing competitive teams, RPSG aims to transform Manchester Originals into a fan favourite.
Welsh Fire - Washington Freedom
Sanjay Govil, an Indian-American entrepreneur and owner of Washington Freedom, has acquired a 50% stake in Welsh Fire, based in Cardiff. This investment bridges transatlantic cricket ambitions, bringing Govil’s business expertise to The Hundred. His vision includes enhancing team performance and fan engagement through innovative strategies.
Birmingham Phoenix - Knighthead Capital Management
Knighthead Capital Management, a New York-based investment firm, has secured a 49% stake in Birmingham Phoenix. This move brings financial expertise and a global outlook to the team. Knighthead aims to bolster the franchise’s competitiveness through strategic investments in talent and infrastructure.
London Spirit - Tech Titans
A consortium led by Nikesh Arora (CEO of Palo Alto Networks) and Satyan Gajwani (Vice Chairman of Times Internet) has acquired a 49% stake in London Spirit. Their expertise in technology and media will enhance fan experiences and team performance.