The Hundred: Why Sunrisers Hyderabad’s deal to take over Northern Superchargers is unique so far

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SRH flag Sunrisers Hyderabad. Photo: Sportzpics / IPL

Sunrisers Hyderabad person acquired the Northern Superchargers for £100 million, becoming the 3rd IPL franchise to ain stakes successful a squad successful the Hundred. But dissimilar the different 2 instances, Sun Group’s palmy bid is the archetypal lawsuit of a 100% takeover arsenic Yorkshire has became the archetypal squad to hold to merchantability their full involvement successful The Hundred, according to BBC.

Earlier, Mumbai Indians had bought 49% ownership of Oval Invincibles, portion Lucknow Super Giants purchased a reported 70% successful the Manchester Originals.
“We are delighted to beryllium entering into an exclusivity play with the SUN Group, and volition beryllium continuing our conversations with them successful the coming weeks with a presumption to mounting the Northern Superchargers up for semipermanent and sustained success,” Yorkshire CCC’s main enforcement serviceman Sanjay Patel said successful a property statement.

Also read: Silicon Valley’s The Hundred dream: Stake astatine Lord’s today, possibly owning Virat Kohli tomorrow

Patel said SRH’s imaginativeness matched with the values pursued by Yorkshire.

“Having been successful consultation with them for immoderate clip now, it is wide that they are aligned to the values and aboriginal absorption of the Club and volition play a immense portion successful ensuring we tin spell connected to execute large occurrence successful the coming years.

“It is intelligibly a immense milestone for Yorkshire CCC, the Northern Superchargers and the Sun Group, but it is worthy stressing that determination is simply a batch of item to beryllium discussed alongside further owed diligence and ineligible processes earlier a declaration tin beryllium signed,” helium added.

This is SRH’s 2nd overseas concern aft owning the Sunrisers Eastern Cape successful the SA20.
Led by Aiden Markram, the Eastern Cape are two-time defending champions successful the SA20.

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The SRH person besides won the IPL erstwhile successful 2016, erstwhile they defeated Royal Challengers Bengaluru by 8 runs, and they are presently captained by Pat Cummins of Australia.

The England and Wales Cricket Board (ECB) has truthful acold sold London Spirit, Oval Invincibles, Welsh Fire, Manchester Originals and Birmingham Phoenix to assorted bidders portion Trent Rockets and Southern Brave are up for sale. At slightest 1 much IPL squad could inactive beryllium successful contention with the Delhi Capitals group.

(With PTI inputs)

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