Lalit Modi has publicly criticized the financial projections of The Hundred, labeling them 'overly optimistic' and akin to a Ponzi scheme, reflecting deep skepticism about their viability.
Modi disclosed sections of the ECB's document, expressing doubt that the projected growth in sponsorship and broadcast revenue is achievable, describing it as 'wishful thinking'.
The ECB's financial predictions claim substantial growth by 2029, yet Modi argues that the actual market valuation for teams—especially outside London—is significantly lower than projected.
Despite the ECB's optimistic revenue forecasts, the absence of guarantees in their document leaves room for doubt about their accuracy or attainability.
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