Each bid now enters an exclusivity process and if concluded will result in £520m of investment filtering into leagues governed by the ECB.

Chelsea owner Todd Boehly has secured a 49% stake in The Hundred franchise Trent Rockets for just under £40m, with the entire franchise valued at £79m. Nottinghamshire retains 51% ownership. Southern Brave is later expected to be sold to Delhi Capitals' co-owners,

Chelsea part-owner Todd Boehly is looking to buy a slice of another English sports team — this time in cricket.

The Raine Group, advised by Deloitte, has conducted the auction. Raine was involved in the sale of Chelsea to Boehly and his business partners, including Behdad Eghbali, in 2022 and facilitated INEOS's acquisition of a 25 per cent stake in United in late 2024.

T he Todd Boehly-backed Cain International have succeeded in securing a stake in Hundred side Trent Rockets. The group, led by Chelsea director Jonathan Goldstein and the football

Chelsea co-owner Todd Boehly has bought a minority stake in the Nottingham-based Hundred franchise Trent Rockets for almost £40 million.

Kolkata Knight Riders' (KKR) ownership group have been beaten to a stake in The Hundred franchise Trent Rockets by Chelsea co-owner Todd Boehly.

Todd Boehly, the chairman and co-owner of Chelsea, has bought a 49 per cent stake in The Hundred franchise Trent Rockets. The investment values Nottingham-based Rockets — which encompass the English county clubs of Nottinghamshire, Derbyshire and Leicestershire — at around £79million ($97.73m).