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Southern Brave sale seals Hundred's £1bn revamp of the English game
The Guardian
|February 13, 2025
English cricket has completed arguably its greatest transformation in living memory after Southern Brave became the eighth and final Hundred franchise to be bought in a landmark sale totalling close to £1bn.
Hampshire's owners GMR Group - co-owners of Delhi Capitals in the Indian Premier League - secured the 49% stake in Southern Brave yesterday, as was widely expected. It means the county, set to be handed the other 51% of the team, will take full control of Southern Brave once the final details are ironed out.
GMR Group has paid around £48m for the stake in Southern Brave, placing the team's overall valuation at £98m. The combined value of the eight teams after the sale process sits at around £974m - a figure which is set to be confirmed by the England and Wales Cricket Board today.
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