Chelsea co-owner Todd Boehly has joined the ranks of traders within the Hundred after his Cain Worldwide group agreed to pay practically £40million for a stake in Trent Rockets.
Rockets, who’re primarily based at Nottinghamshire’s Trent Bridge, turned the seventh of the eight groups to go to public sale and attracted a successful bid for a 49 per cent minority holding.
Boehly had proven early curiosity in Lord’s outfit London Spirit, which finally drew a startling general valuation of over £290m, however has now landed the Rockets for a lower than a 3rd of the worth.
Primarily based on this figures the complete 100 per cent of the facet would come to simply beneath £80m. Meaning the working tally of valuations for the seven groups stands within the area of £850m, with Southern Courageous set to comply with shut behind.
Delhi Capitals homeowners GMR, which just lately purchased out the Courageous’s host county Hampshire, are closely favoured to tie up that deal and full an astonishing inflow of cash into the English and Welsh recreation.
A interval of exclusivity between the counties and their potential traders will now ensue as particulars of every deal are finalised.
READ MORE:Todd Boehly and traders ‘excellent match’ for Trent Rockets – Nottinghamshire chair
