Hundred 2024: IPL Owners In Talks with ECB About Investing In 2025

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The England and Wales Cricket Board (ECB) has announced that the fourth season of The Hundreds will appear different compared to this season. The third season of The Hundred began on Tuesday, July 23.

The England and Wales Cricket Board (ECB) said that the next season of The Hundred will have a different look due to the involvement of private investors and more funding. Indian Premier League(Ipl) franchises are among those interested, and the ECB has addressed each. First played in 2021, The Hundred is a 100-ball cricket competition organized by The England and Wales Cricket Board (ECB) that features teams from major towns in both England and Wales. Each match was supposed to last around two and a half hours when the format was created.

The Hundred To Get Different Look In 2025

The ECB claimed that the competition would be similar to that of any other franchise league. However, the ECB would not provide any information on the IPL franchises that have shown interest or the possible business plan. The ECB’s head of business operations, Vikram Banerjee, has certainly conversed with the IPL owners. Moreover, Vikram Banerjee has also asked for their opinions on particular matters on what matters most. The ECB’s director of business operations, Vikram Banerjee, stated on a conference call intended for the world media that,

“We’re about to enter a commercial negotiation, but at a principal level, this will run very similar to other franchise leagues around the world. We have spoken about the IPL owners. I’ve met all of them and taken feedback from them on specific things about what’s important”

“We’ll then look to start the process in earnest in kind of early mid September. So (we are) kind of building off that momentum that hopefully is created from the tournament with the name that the 2025 season becomes the first season with a different look. We obviously can’t say just yet, but the process will probably run into early next year, with the idea being that at least broadly, who’s coming into what team by the time the draft comes around, by the time the ticket on sale comes around in February- March.”

When it comes to giving up control at the competition level, we are not giving up control over the competition’s structure, length, or where the window sits, said The CEO of ECB, Richard Gould. He said,

“Well, control comes at different levels. It comes at team level and it comes at competition level. In terms of ceding control at competition level, and therefore the length of the window, where that window sits, how the competition is organised, that’s not something that we are ceding control of”

“That’s why we’re not selling the competition. That’s why we’re focused on those teams. And I think we’re finding that different investor groups have different needs. For some of them, control, for example, of what happens on the field will be very important. For others, branding will be important. The commercial element will also be significantly important.”

Officials from the ECB are considering selling as much as 49% of a team while keeping control at 51%. The Hundred is a 100-ball league with eight men’s and women’s teams. The season’s finale will take place on August 18 at Lord’s. This is the third edition of The Hundred.

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