Todd Boehly, co-owner of Chelsea, has made a significant investment by acquiring a 49% stake in the Trent Rockets for nearly £40 million. This deal places the total valuation of the Rockets at just under £80 million and raises the combined valuations of seven teams within the Hundred to approximately £850 million. Boehly's interest initially centered on London Spirit, but he later opted for the Rockets, which illustrates the financial inflow into English and Welsh cricket, especially with further bids anticipated.
The Chelsea co-owner Todd Boehly's Cain International group has purchased a 49% stake in Trent Rockets for nearly £40 million, underscoring the rising valuations in cricket.
With the recent investment, the valuation of the Trent Rockets is projected to be just under £80 million, contributing to a combined valuation of around £850 million across seven teams.
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