Boehly바카라™s latest acquisition builds on his already vast sporting portfolio, which includes Chelsea FC, French club RC Strasbourg, and the LA Dodgers baseball team
American investor Todd Boehly, the lead owner of Chelsea Football Club, has secured a significant stake in The Hundred franchise Trent Rockets. Boehly바카라™s investment group, Cain International, has acquired a 49% share in the Nottingham-based team, valuing the franchise at £79 million. (More Cricket News)
This move makes Boehly바카라™s group one of just four non-IPL owners in the eight-team tournament and marks their entry into English cricket. Furthermore, it cements his status as the second English football club owner to venture into The Hundred, following Knighthead Capital바카라™s acquisition of Birmingham Phoenix.
Boehly바카라™s latest acquisition builds on his already vast sporting portfolio, which includes Chelsea FC, French club RC Strasbourg, and the LA Dodgers baseball team. His consortium, BlueCo, alongside investment partners like Clearlake Capital, Mark Walter, and Hansjorg Wyss, has been actively pursuing sports franchises across multiple disciplines.
Cain International, co-founded by Chelsea director Jonathan Goldstein, had previously explored bidding for London Spirit but ultimately withdrew, allowing a Silicon Valley-based group to secure the franchise at a staggering £295 million valuation. However, their persistence paid off as they outbid IPL giants Kolkata Knight Riders and Indian investor Amit Jain (who was aligned with Royal Challengers Bengaluru) to claim Trent Rockets.
The sale of Trent Rockets marks another major milestone in The Hundred's commercial evolution. With seven of the eight teams now sold, the tournament has amassed a total valuation nearing £865 million. The final franchise, Southern Brave, is expected to be acquired by the GMR Group, co-owners of the IPL바카라™s Delhi Capitals, later this week.
Boehly바카라™s involvement is expected to inject further international appeal into the competition, aligning with the ECB바카라™s vision to globalize the 100-ball format. Nottinghamshire, which retains a 51% controlling stake in Trent Rockets, views the deal as a strategic boost to the franchise바카라™s growth.
The Trent Rockets men바카라™s team lifted The Hundred title in 2022, while their women바카라™s side recorded their best-ever finish that same season. With renowned coach Andy Flower guiding the men바카라™s squad and Jon Lewis leading the women바카라™s team, the franchise has built a strong cricketing foundation.
As Boehly and Goldstein finalize the agreement over the coming weeks, the investment underscores the growing convergence of football and cricket ownership in England.