London Super Kings? ECB to Allow IPL Owners to Rename The Hundred Teams After Stake Purchase

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The England and Wales Cricket Board (ECB) plans to sell stakes in the eight teams of The Hundred next month. IPL franchises are expected to place bids, and the ECB may allow these franchises to rename the teams to attract investment from Indian owners.  

The Guardian reports that the ECB is so eager to sell that even a minority stake will grant significant influence to new owners, especially with all ten IPL owners expected to bid for shares in the eight teams in England’s unique cricket league.

“All the IPL owners are saying they will bid, but they will want some control for their cash. It’s essentially a big brand play for the IPL so we expect them to push for name changes, which will depend on the amount they have invested,” a source involved in the sale process was quoted as saying in the report. 

The Rajasthan Royals, winners of the IPL in 2008, are expected to target the Northern Superchargers in their bid to take over Yorkshire. At the same time, the Delhi Capitals are eyeing a stake in Southern Brave after securing a £120 million deal to purchase Hampshire last month. 

There are reports suggesting that Sanjiv Goenka, owner of the Lucknow Super Giants in IPL, is eager to invest in The Hundred. Furthermore, the Chennai Super Kings and Mumbai Indians are expected to participate alongside other bidders. 

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