IPL owners make forays in The Hundred; who bought stakes in which English teams? Check complete details
The ECB in a release confirmed India's GMR, Sun TV Network Limited, RPSG Group, and Reliance Group as the strategic partners that will unlock "hundreds of millions of pounds for game-wide growth".
While the RPSG Group (70% stake at Manchester Originals), Sun TV Network Limited (100% stake at Northern Superchargers) and GMR Group (49% stake at Southern Brave) have formally completed their respective deals, the deal with Reliance Group (49% stake at Oval Invincibles) will be done at a later date.
The RPSG Group is the owner of Lucknow Super Giants franchise in IPL while Sun TV Network Limited and GMR Group own Sunrisers Hyderabad and Delhi Capitals (co-owner) respectively. Reliance Group owns five-time IPL champions Mumbai Indians.
Notably, the owners of Mumbai Indians, Lucknow Super Giants and Sunrisers Hyderabad also own teams in South Africa's premier T20 competition SA20.
"The England and Wales Cricket Board (ECB) today confirmed a landmark achievement in the evolution of The Hundred, with deals now complete with the first six strategic partners for The Hundred teams," the ECB said in a statement.
The ECB also made it clear that a new board will be established including the representatives from the English board and the teams including both investors and host clubs. This board will have "delegated authority over certain defined matters relating to the strategic direction and commercial growth."
London Spirit – Tech Titans (49%)
Birmingham Phoenix – Knighthead Capital Management, LLC, on behalf of its investors ('Knighthead') (49%)
Manchester Originals – RPSG Group (70%)
Northern Superchargers – Sun TV Network Limited (100%)
Southern Brave – GMR Group (49%)
Welsh Fire – Washington Freedom (50%)
Oval Invincibles – Reliance Group (49%) - to be completed later
Trent Rockets – Cain International & Ares Management (49%) - to be completed later
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
30 minutes ago
- Business Standard
KL Rahul on leveling the series: 'I think this will rank at the top'
Led by the tireless Mohammed Siraj's extraordinary bowling effort that fetched him a five-wicket haul in the second innings, India scraped past England by six runs in the 5th Test. Press Trust of India London Opener K L Rahul on Monday said the 2-2 Test series draw against England "will rank right at the top" among the biggest moments of Indian cricket as it was pulled off by a team that "wasn't given a chance" in the absence of giants like Virat Kohli and Rohit Sharma. Led by the tireless Mohammed Siraj's extraordinary bowling effort that fetched him a five-wicket haul in the second innings, India scraped past England by six runs in the series-deciding fifth and final Test. The win secured the tourists a 2-2 draw in the intensely fought series, which saw them claw back repeatedly from difficult situations. "We have seen India lift the World Cup, I mean nothing compares to lifting the World Cup. But so many doubts, so many questions from everybody about whether Test cricket will stay or not. I think both the teams and the way we've played in this series, I think we've answered that question," Rahul said at the post-match press conference. "For us as a team, that wasn't given a chance in this series. And for us to fight back and to fight in every game and to get a result which is 2-2 might seem like a drop. But for us and for Indian Test cricket going in the future, I think this will rank right at the top," he added. He said the Indian Test team will go on to win a lot many series "outside of India and the whole team deserves it." "For the start of the series, we had Virat Kohli retiring, Rohit Sharma retiring, we had Ashwin retiring. So three big names out of the roster in India's team," he pointed out. A senior player now, Rahul emerged as one of India's biggest performers with 532 runs across the five Tests and forged a fine partnership with the younger Yashasvi Jaiswal at the top. "Yeah, I think it hit me when I joined the team. I was here about two weeks earlier playing India A's and it didn't hit me back then. But once I joined the team and I looked around and I didn't have Rohit and Virat and Ashwin who I played all my cricket with... "Just to look around and not see them felt a bit weird. But yeah, that's when it hit me that everyone else is looking at me, coming to me to ask about English conditions, what they need to do, how they need to prepare." Rahul said he relied on his experience to do his bit in not just performing but also steering the younger lot. "And that's when it hit me that, okay, I've stepped into a different role now and it's time for me to help the younger guys. Use all the experience I've had of playing Test cricket and international cricket over the years and really put my hand up and stand up for this team. "This moment almost feels like this is a young team that's going to stay there for a long time. While new skipper Shubman Gill topped the scoring chart with over 700 runs, Rahul was not far behind and provided the team solidity at the top of the order with his calm and composed batting. Rahul was full of praise for Gill. "Shubman's been phenomenal. I think he's really led from the front. He's worked really hard on the boys behind the scenes as well. In forming connections which a lot of people don't see. "He's been tactically really good. The changes he's made over the series has always got us the wickets somehow. And I think he will grow. He will grow on to be a really, really good Test captain. "I can't speak too much about his individual performance because I think he's already shown the world what he can do in all three formats. And especially this series, the way he batted. "He's here to stay as a leader and he will take this Indian Test team to greater heights. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
43 minutes ago
- Time of India
Who is Devon Levi? Top Canadian goalie signs two-year NHL deal with Buffalo Sabres
Devon Levi signs two-year deal with Buffalo Sabres (Credit: Getty Images) The Buffalo Sabres just made a big move for their future by signing Devon Levi, one of Canada's most promising young goaltenders, to a two-year NHL contract worth $1.625 million. The 23-year-old restricted free agent is stepping up with hopes of becoming a long-term fixture in Buffalo's net. Sabres Sign Goaltender Devon Levi to 2-Year Contract Buffalo Sabres strengthen goalie lineup with Devon Levi signing Levi struggled in limited NHL action last season, going 2-7-0 with a 4.12 goals-against average (GAA) and a .872 save percentage in nine games, but found success in the American Hockey League (AHL) with the Rochester Americans. There, he posted an impressive 25-13-4 record with a 2.20 GAA and .919 save percentage across 42 games, proving he's more than just a prospect. From Quebec streets to NHL spotlight: Devon Levi's early beginnings Devon Levi hails from Dollard-des-Ormeaux, a suburb of Montreal, Quebec. Starting with street hockey at age 4, Levi's passion grew quickly. By 14, he was the youngest player in the Quebec Midget AAA Hockey League. A consistent academic performer, he was even valedictorian at West Island College. He also speaks both English and French and comes from a tech-savvy family; his parents run a software company. Buffalo Sabres Sign Goalie Devon Levi to 2-Year Contract The underdog story, drafted 212th overall, is now a top NHL name Levi's journey is far from typical. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like They were so beautiful before; look at them now; number 10 will Surprise you Undo Drafted in the seventh round (212th overall) by the Florida Panthers in 2020, few predicted his rapid rise. That all changed after a blockbuster trade in 2021, when Buffalo acquired him and a first-round pick in exchange for Sam Reinhart. With two Mike Richter Awards at Northeastern University and a record-breaking .952 save percentage in 2021–22, Levi became a name to remember. International ice and college glory: Devon Levi's standout moment Levi has been nothing short of spectacular on the international stage. He helped Team Canada earn a silver medal at the 2021 World Junior Ice Hockey Championships, setting a save percentage record of .964, better than Carey Price's all-time best. He was also part of the gold-winning team at the 2023 IIHF World Championship and named to Team Canada for the 2022 Winter Olympics. Now signed and ready, Devon Levi is set to compete for a bigger role in Buffalo's goaltending rotation. With Ukko-Pekka Luukkonen and Eric Comrie already in the mix, the battle will be fierce. But if Levi's AHL numbers are any sign of what's to come, the Buffalo Sabres may have just secured their goaltender of the future. Also Read: Bruins' next-gen stars: Fabian Lysell, Fraser Minten eye NHL ice time while James Hagens waits in wings For real-time updates, scores, and highlights, follow our live coverage of the India vs England Test match here. Catch Rani Rampal's inspiring story on Game On, Episode 4. Watch Here!
Time of India
44 minutes ago
- Time of India
IND vs ENG Test: 'Breakup ke baad bhi dukh hota hai' - Mohammed Siraj opens up after topsy-turvy series
Mohammed Siraj celebrates with the ball and a stump after day five of the Fifth Test (Photo by) in London : Mohammed Siraj delivered when it mattered the most. With England needing six runs and Gus Atkinson standing tall at one end, the 31-year-old fast bowler produced a searing yorker that crashed into his off stump to complete a six-run win and level the series 2-2. Siraj finished with 5 for 104 in the final innings, and 23 wickets in the series—more than anyone else. But more than the numbers, it was the heart and relentlessness that stood out on Day 5 at The Oval. Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW! 'I will rate this Test highly. It was an unbelievable fight. Bahut belief tha dressing room mein jeetne ka (There was a lot of belief in the dressing room that we'll win),' said Siraj, as the Indian players erupted in joy around him. Greenstone Lobo predicts result of India vs England fifth Test | What's in the stars? It wasn't all smooth sailing for Siraj this series. At Lord's, he was the final wicket to fall in a heartbreaking 22-run loss. In this very Test, on Day 4, he caught Harry Brook near the ropes but accidentally stepped over, gifting six runs. Brook went on to score 111. 'Lord's, Harry Brook's catch… mere saath hi aisa kyu. Upar waale ne kuch accha socha hoga mere liye (Why does this happen only to me? God must've planned something good for me),' Siraj told reporters at the end of day's play. That 'something good' came in the form of a perfect final day spell. With Prasidh Krishna hit for two boundaries in the first over, England looked favourites. But Siraj struck back, removing Jamie Smith, trapping Jamie Overton LBW and finally shattering Atkinson's stumps. In the buildup to the final day of the 5th Test, Siraj revealed what charged him up for his heroics. "I woke up at 6 am, took this and put it as my wallpaper," said the pacer, referring to a picture of Cristiano Ronaldo, titled 'BELIEVE!'. 'We had momentum yesterday, soch rahe the kal hi niptaane ko (We were thinking of finishing it yesterday itself),' he said, revealing how India hoped to wrap it up on Sunday itself, before bad light forced a delay. Siraj also brought his characteristic humour to a tense finish. 'It was an emotional moment after taking the final wicket, but DK bhai came and started asking questions in English,' he laughed. Poll How would you rate Mohammed Siraj's performance in the final Test? Outstanding Good Average 'Losses hurt… breakup ke baad bhi dukh hota hai (It hurts after a breakup too),' he added, summing up the ups and downs of a draining series. But when it mattered, Siraj delivered with tenacity and fire to close out the series and help India level the matchup 2-2 on Monday. For real-time updates, scores, and highlights, follow our live coverage of the India vs England Test match here. Catch Rani Rampal's inspiring story on Game On, Episode 4. Watch Here!
