Chelsea co-owner Todd Boehly purchases 49 per cent stake in the Trent Rockets franchise as American billionaire makes shock £40m move into English cricket

Chelsea co-owner Todd Boehly has reportedly acquired a 49% stake in the Trent Rockets franchise, as the American billionaire moves into cricket.

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• Cain International lodged winning bid in auction
• Become the latest investors in The Hundred
• Spent big on pursuit of success in west London

• Table of Contents

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  WHAT HAPPENED?

  Cain International, the company that Boehly co-funded alongside Chelsea director Jonathan Goldstein, are said to have lodged the winning bid for The Hundred outfit as part of the ongoing auction process being overseen by the ECB.

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  THE GOSSIP

  The Trent Rockets, who claimed The Hundred title in 2022 and count ex-England captain Joe Root among their centrally contracted players, are reportedly valued at £80 million ($99m). That means Boehly will be parting with around £40m ($50m) in order to acquire 49 per cent of the team.

• THE BIGGER PICTURE

  Boehly and Co will have plenty of say when it comes to big decisions at Trent Bridge, but Nottinghamshire County Cricket Club will retain a controlling 51 per cent stake in the Rockets. They have been snapped up after other wealthy investors pumped funds into rival outfits.

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  DID YOU KNOW?

  According to , Boehly – who helped to complete a big-money takeover at Premier League giants Chelsea in May 2022 – had also expressed interest in the London Spirit and Oval Invincibles, only to be outbid.

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