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Reports: N Srinivasan and Lalit Modi are planning to invest in The Hundred

Several Indian investors are competing with elite nations to work together on a redesigned competition that will launch in 2025.

Senior Writer by Senior Writer
February 13, 2024
in Uncategorized
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Reports: N Srinivasan and Lalit Modi are planning to invest in The Hundred
Lalit Modi, the former Indian Premier League (IPL) commissioner who is currently headed to London, and his former colleague, who is now his rival, may be about to make a comeback in a potentially historic move. A private cricket league that is expected to launch this year has caught their attention. The Hundred, which was formerly met with suspicion in English cricket circles, is about to go private with estimated investments of an astounding billion pounds.

The consent of two-thirds (12) of the 18 county teams that make up the England & Wales Cricket Board (ECB) is required for this endeavor to succeed. According to sources, the ECB’s intentions to overhaul a competition that seems to be gaining traction have the support of over ten counties, with a few more poised to support the proposal in the near future. Many Indian investors, including IPL franchise owners, are competing with top counties to collaborate on a redesigned competition that will begin in 2025.

Still, there is plenty to be curious about the ECB’s position. Will they try to encourage local investments or will they allow investors led by India to take over the entire project? Notably, TV company Sky is preparing to acquire IPL broadcasting rights for the UK market and is ready to collaborate with the ECB on this ambitious “long-term development.” Sky chose not to invest money in the recent bilateral series between England and India.

Competition that altered public perceptions of cricket

Fans everywhere should get ready for The Hundred, a gripping 100-ball cricket spectacular that guarantees nonstop action and excitement. This competition provides cricket fans throughout the world with an exciting spectacle thanks to its broad lineup of players, which includes well-known international names. Each summer, eight city-based franchises created especially for The Hundred compete intensely for five weeks.

Men’s and women’s teams compete simultaneously for dominance; teams consist of 15 players, with a maximum of four foreign recruits and a maximum of two centrally contracted English players in the men’s competition. The Oval Invincibles and Birmingham Phoenix square off in the opening match of The Hundred’s fourth edition on Tuesday, July 23, 2024.

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