Richard Thompson, the ECB’s chair, has valued the Hundred at over £1 billion (US$1.2 billion) after confirming the ECB has received an offer for its newest competition, and anticipates others will be in the offing.
Thompson suggested that reports of the offer, initially revealed by Sky News as a £400 million bid from Bridgepoint Group, were “exaggerated”. The London-listed buyout firm was supposedly interested in a 75% stake in the competition, which seems unworkable at present given Thompson’s insistence that any agreement would have to ensure the ECB retained overall control of the competition. He also confirmed the first-class counties were keen on the reported figure.
Speaking in Rawalpindi on Saturday having arrived to take in England’s first Test in Pakistan for 17 years, Thompson, who took up his post in August, could not go into details but reiterated the need to consider any…
