Sunrisers Hyderabad to take 100% stake in Northern Superchargers for £100m | The Hundred

The owners of the Sun Raiders Hyderabad are ready to take full ownership of North Superfers, which increases the financing of cash pistols and increases the involvement of the Indian Premier League.

The Sun Group was a successful bidder on Wednesday, which costs M100 million in the Headingley team. In addition to 49 % shares of England and the Wales Cricket Board, the host is the first investor in the sale process to buy full shares in the hundredth franchise, as well as 51 % gifted to host county. Yorkshire in this case.

Yorkshire confirmed Wednesday evening that he had enrolled with the Sun Group for the sale of shares in the Superchargers, to indicate an important and most important windfall for the County. There is a full contract. The club chairman, Colin Cyprus, called on the club last year to demolish his financial future, which owes more than $ 20 million to the grave family.

The Guardian reported last month that the demolition plans were stopped as the club focused on auction, in which Sun Raiser is associated with a potential partner. Sanjay Patel, chief executive of Yorkshire, confirmed that talks with the Sun Group were underway.

Patel said, “We are happy to enter an exception with the Sun Group, and will continue to talk to them in the coming weeks so that the North Supermarkets set up for long -term and permanent success. What can be done? ” He was a Managing Director before leaving the ECB in 2023.

“After consulting them for some time, it is clear that they are in line with the values ​​of the club and the future direction and will play a great role in ensuring that we can achieve great success in the years to come Yes.

“Today, Yorkshire CCC is clearly a huge milestone for the CCC, Northern Superchargers and The Sun Group, but it is worth emphasizing that the agreement is more likely to be a long -standing and legal process before signing the agreement. All details can be discussed. “

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Sun group intervention means that three of the six teams in the sales process have so far attracted the investment of IPL franchise owners. Reliance, owner of the Mumbai Indians, and the RPSG group, who operates Lucknow Super Giants, have put at stake in opinar Anwanables and Manchester Organals respectively. Delhi Capital Co -owner GMR Group took over Hampshire last year and was ready to take control of the team in the South Bahadur, Utility Bowl.

Trent rocket is another team that is still ready for sale and a fluid process means that their history of auction is unconstitutional.

Sun Raiders Hyderabad has once won the IPL, while Sun Group also owns Sun Raiser Eastern Cape, who won the first two editions of SA20. “[Sunrisers Hyderabad] Yorkshire said in a statement, bringing important skills in the construction of high -performance environment, brand and digital, and in the coming years, the team and the Yorkshire cricket are expected to achieve success.

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