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NRIPage | Articles | Sunrisers Hyderabad Owners Buy Full Control of Northern Superchargers in The Hundred | Get Home & Garden improvement ideas. Transform Your Space with Style and Comfort - NRI Page
The owners of the Indian Premier League's Sunrisers Hyderabad have made a notable move in the world of cricket by acquiring full control of the Yorkshire franchise in The Hundred competition. According to a report by BBC, the Sun Group paid just over €100 million ($125 million) for a 100 percent stake in the Northern Superchargers, becoming the first investors to take full control of one of the eight franchises in the competition. This acquisition marks the third involvement of IPL-related investors in The Hundred, following similar investments from the Mumbai Indians and RPSG (owners of the Lucknow Super Giants).
The deal is part of a broader trend where IPL teams are increasingly investing in The Hundred. Surrey has secured a reported €60 million deal for a 49 percent stake in the Oval Invincibles with the Mumbai Indians, while Manchester Originals has partnered with RPSG. The England and Wales Cricket Board (ECB) is reportedly seeking to sell 49 percent stakes in each team, with the remaining 51 percent being retained by the host clubs. Additionally, a Silicon Valley consortium recently agreed to buy a 49 percent stake in the London Spirit franchise for €145 million, indicating the growing global interest in The Hundred.
The sale of the Northern Superchargers is expected to help Yorkshire Cricket clear a significant €15 million debt owed to a trust, further highlighting the financial impact of these deals on the clubs involved. With the exclusive eight-week period now underway to finalize these partnerships, the future of The Hundred is poised to see increased financial backing and international investment, despite ongoing controversy among English county fans about the tournament's format and its impact on the traditional cricket season.
