Logo of the competition Sto – England T20. (File photo) The cricket council in England and Wales (ECB) announced the completion of “six strategic partners” stores for hundreds of teams, with two more offers completed later. A partnership of more than 975 million GBPs together will join the English and Welsh cricket more than 500 million GBP, including 50 million GBP devoted to local level development. Agreements mean a historical moment because the hundred becomes the first British sports competition to ensure a franchise partnership on this scale.Six completed stores include Titans gaining 49% of the London spirit, Knighthead Capital Management will take 49% Birmingham Phoenix, APRG Group providing 70% Manchester originals, Sun TV Network Limited, purchase of 100% Northern Supercharger, GMR Group is 49% of South Brave.Go beyond the border with our YouTube channel. Subscribe!The remaining two stores that are on the way to later completion include Reliance group, which receives 49% of the oval invincible and Cain International & Ares Management, which takes 49% of Trento missiles.Reliance Group and Cain International & Ares Management can complete their relevant stores later. ECB offered investors the opportunity to complete later.Completed shops in hundreds
- London Spirit – Tech Titans (49%)
- Birmingham Phoenix – Knighthead Capital Management, LLC, on behalf of its investors (“KnightHead”) (49%)
- Manchester Originals – RPSG Group (70%)
- Northern Superchargery – Sun TV Network Limited (100%)
- Southern Brave – GMR Group (49%)
- Welsh Fire – Washington Freedom (50%)
Offers on the track to be completed later
- Invincible oval – Reliance Group (49%)
- Trent Rockets – Cain International & Ares Management (49%)
London Spirit, for one, will now be co -owned by MCC and Tech Titans. Palo Networks CEO, Times Internet Limited Vice -Chairman Satyan Gajwani, Microsoft Sytya Nadella, CEO and Silverlake Technology CEO, won the team in February. The remaining 51% share in the franchise will be held by MCC. Both parties will take over the operating check over the team 1 October 2025.When he talked about the acquisition and connection with the London spirit, Gajwani said, “One of the best cricket things is that his players come from all over the world. So when you’re thinking about a city like London, so diverse that he has such an eclectic audience.
Prepare for an exciting new chapter in a good way. I think the amount of economics that will be invested in cricket in England … The amount of enthusiasm they see, the amount of increased heat, an increased amount of attention they will see, hopefully it is good for fans, is good for all who enjoy cricket.
Nikesh Araora
Arara, Gajwani and Durban will be at the London Spirit Board along with four nominee clubs – Julian Methell as chairman of the London Spiritual Council, Robert Lawson (CEO) and EOin Morgan (former captain of England and London Spirit). The fourth nominated will be appointed later.New investors will take over an operating inspection from 1 October 2025, most of which run their franchises in cooperation with host clubs. The ECB retains its full ownership of competition and will maintain control of regulations and matters affecting a wider game.Richard Thompson, chairman of the ECB, said: “With these new partners on board we are entering an exciting new phases and a key time for cricket in England and Wales. Their global perspectives and an elite sport record and business will help us again.
With the Spirit in London, it is our commitment to make it the best franchise that we can, make it consistently competitive and bring the best cricket in its class to the field.
Satyan Gajwani
“This investment not only promotes competition growth, but also to the channel transformation level of funding for our professional county and local games. This will ensure that cricket continues to benefit all levels throughout England and Wales for generations to come, to support our wider ambitions. Thompson.The ECB was informed throughout the process by Deloitte and the Raine Group as a cooperation with financial advisors, while Latham & Watkins and Onside Law LLP provide legal advice.
