Since the evolution of the IPL (Indian Premier League) and BBL (Big Bash League), many countries including South Africa, Bangladesh, Pakistan, West Indies, and others also had their T20 league featuring top players from the sport in the competitions. ECB (England Cricket Board) on the other hand came with a 100-ball competition – The Hundred along with the ‘T20 Blast’ which also gained much attention. ECB, till now owned a complete stake in the participating teams and now plans to sell 49 per cent of its stake. As per the report from Cricbuzz, many big IPL Franchises including Mumbai Indians, Kolkata Knight Riders, and Chennai Super Kings have submitted their bid for the same. IPL 2025: Players Each Franchise Can Retain or Use RTM Card For After BCCI Announces IPL Retention Rules.

IPL Franchises and Manchester United Co-Owners Showing Interest in ‘The Hundred’

October 18 marked the deadline for the first round of bids as per the report and there were many interested parties including IPL teams. The names mentioned in the report include CSK, Sunrisers Hyderabad, MI, KKR, and Lucknow Super Giants. Delhi Capitals and Gujarat Titans have also submitted bids to own a team in The Hundred. Striking names missing from the report are Royal challengers Bengaluru and Punjab Kings. Pravin Amre To Quit Delhi Capitals' Assistant Coach Role After Nine Years Ahead of IPL 2025 Mega Auction: Report.

But the Indian sports franchises, which already have many teams in the US, West Indies, and South Africa tournaments face tough competition in England. Football club owners like Ryan Raynolds of Wrexham AFC and Manchester United co-owners the Glazers also have submitted the bid. While the first round of bidding did not require investors to pick one of the eight teams in The Hundred, that decision will be made later in the second round. The second round of bidding is expected to take place after the IPL auction.

(The above story first appeared on LatestLY on Oct 21, 2024 02:06 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).