The England and Wales Cricket Board (ECB) is contemplating together with IPL franchise-owned groups in its home competitors, The Hundred. The 100-ball competitors is certainly one of England’s most beloved white-ball tournaments, that includes participation from eight groups.
The flagship occasion usually takes place within the July-August interval annually, that includes each Males’s and Girls’s classes. The 2024 season is about to begin on July twenty third with the inaugural match between Oval Invincibles and Birmingham Phoenix.
ECB engages in discussions with IPL homeowners for funding in The Hundred
In accordance with The Occasions of India, the ECB seeks to persuade IPL homeowners to spend money on the Hundred. The governing physique of English cricket has supplied non-public traders a compelling 49 per cent stake in all groups, whereas the host franchise would retain the remaining 51 per cent. The ECB’s strategic imaginative and prescient goals to boost the Hundred’s profile on the worldwide T20 circuit whereas additionally producing funds for its home cricket initiatives.
Mr. Richard Gould, the ECB’s chief government, clarified that the board wouldn’t relinquish management of the event to traders, though groups can promote their shares totally or partially.
“Management comes at completely different ranges, it comes at workforce stage and it comes at competitors stage — that’s not one thing we’re ceding management of,” Gould stated.
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International presence of IPL franchise-owned groups
A number of IPL franchises have ventured into a number of international T20 leagues. Groups like Punjab Kings, Rajasthan Royals, Mumbai Indians, Sunrisers Hyderabad, Chennai Tremendous Kings, and Kolkata Knight Riders have established a presence in quite a few prestigious tournaments (MLC, CPL, SA20). Whereas the Royals and Punjab franchise have additionally invested within the Caribbean Premier League (CPL).
