The England & Wales Cricket Board has officially opened the process to secure private investment into the eight teams in The Hundred, the short-form tournament that’s pulling in younger and more family-oriented fans.
The board aims to announce the investments next year with proceeds to be shared across the recreational and professional games, according to a statement Friday. Deloitte and the Raine Group are helping to attract prospective investors, while law firms Latham & Watkins LLP and Onside Law LLP are acting as legal co-counsels.