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In a major development, the Chennai Super Kings and Sunrisers Hyderabad have reportedly shown their interest in investing in English cricket. The Sun TV Network, owning SRH in IPL, have had discussions with ECB officials about making an investment in the English league, with the final decision expected to come in April about the privatisation of cricket in the UK.
As per the report from Cricbuzz, the SRH have become more confident about investing in cricket ventures abroad after their team Sunrisers Eastern Cape won two straight SA20 titles in South Africa. This comes after GMR Group, the part owners of Delhi Capitals, have been negotiating with Hampshire county about making an investment in them.
Chennai Super Kings are also open about investing in English cricket, but it is contingent upon receiving a concrete offer to the contrary. Moreover, the BCCI, who had tried to dissuade the IPL teams from investing in overseas leagues in the past, talked about how the latest development is an internal matter of the board and the IPL, as per the latest comments of the Secretary Jay Shah.
Lalit Modi presents proposal to ECB about restructuring The Hundred
The former Indian Premier League (IPL) commissioner Lalit Modi, has reportedly presented a proposal to the England and the Wales Board (ECB) about restructuring The Hundred, to align it with the T20 cricket. The 60-year-old’s proposal included an allocation of a $100 million purse for the players over 10 years, along with guaranteed $1 billion revenue for the ECB.
Lalit Modi’s vision is to create a 10-team league for the ECB, with minimal involvement of the IPL team, which would make it an English-dominated league. He was quoted as saying to Cricbuzz, “I have suggested only two IPL teams; it has to be an English league and not India dominated.”
