The Hundred's £520m investment from auction hailed as 'seminal moment' in the sport - as ECB claim funding will protect cricket 'for generations'

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The Hundred's £520m investment from auction hailed as 'seminal moment' in the sport - as ECB claim funding will protect cricket 'for generations'

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The ECB believe that the £520million generated from The Hundred auction will protect cricket 'for generations to come'. Investors have poured huge sums - which value the franchises in total at more than £975m - into the game in return for stakes in eight city-based teams which have existed for just four seasons. An exclusivity period is now taking place during which terms will be finalised, with four separate Indian Premier League owners investing in teams.
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