Published 1 year ago

English cricket bowled over with £400m private equity bid for The Hundred

Summary by Ground News

English cricket has received a “£400m private equity approach” for a majority stake in the Hundred, a potentially gamechanging moment for the sport. The offer for 75% of the sport’s newest competition has come from Bridgepoint Group, a London-listed buyout firm, offering an injection of funds for the England and Wales Cricket Board and the 18 first-class counties, according to Sky News.

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The Guardian

Private equity firm ‘makes £400m offer’ for 75% stake in the Hundred

English cricket is understood to have received a ‘£400m private equity approach’ for a majority stake in the Hundred

1 year ago·London, United Kingdom

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The Telegraph

ECB receive £400m bid for control of Hundred as fight for cricket's future continues

Giving up control of tournament could provide welcome injection to county game and grass-roots cricket

1 year ago·London, United Kingdom

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Sky News UK

English cricket bowled over with £400m private equity bid for The Hundred

Bridgepoint Group has approached the England and Wales Cricket Board with an offer to acquire a 75% stake in the 100-ball format competition, Sky News learns.

1 year ago·United Kingdom

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The Times

Bridgepoint Group bids ‘£400m’ for the Hundred

The ECB is understood to have received an approach from a private equity investor for a controlling stake in the Hundred, believed to be worth about £400 millio

1 year ago·London, United Kingdom

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ESPN Cricinfo

ECB receive £400 million bid for private equity stake in the Hundred

Offer for 75 percent stake in new competition shows direction of travel for English cricket

1 year ago·London, United Kingdom

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City AM

English cricket catches the eyes of private equity powerhouse in £400m bid

The England and Wales Cricket Board (ECB) has reportedly caught the eyes of private equity powerhouse Bridgepoint Group.The UK private equity firm has tabled £400m to bring The Hundred under its wing, Sky News first reported today.A source close to the ECB said Bridgepoint had proposed buying a 75 per cent stake in The Hundred, according to the report, which could see millions being injected into English cricket.The move could “game-changing”, s…

1 year ago·London, United Kingdom

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