ECB chairman trolled for evaluating The Hundred to IPL, says 'it might price a couple of billion'

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The England and Wales Cricket Board (ECB) chair Richard Thompson has unfolded at the be offering they won from a non-public fairness company to promote 75% stake in The Hundred. Thompson, whilst talking to former England cricketer Michael Atherton on Sky Sports activities, mentioned the Hundred is price much more than what’s being presented by means of the company. He went on to match the Hundred to the Indian Premier League, suggesting that if an IPL workforce is price one thousand million then they would want somewhat a couple of billion to promote the match.

“If IPL is price one thousand million then we’d want somewhat a couple of billion to promote the summer time. Now we have won an be offering, and I will’t touch upon the true be offering. I’d no longer be shocked if there are different gives. There’s a feeding frenzy in broadcasting rights of tournaments this present day, in order that truth of extra pastime within the sport is certain to materialise. I’m decided we’re no longer going to be opportunistic about this, we’re going to be strategic. The match’s handiest two years previous,” Thompson informed Sky Sports activities.

‘No person is aware of about The Hundred in India’

Previous, it used to be reported that personal fairness company Bridgepoint Staff had approached the ECB with a £400 million be offering to shop for a 75% stake in The Hundred. On the other hand, the proposal used to be no longer authorized by means of the ECB because the board feels that the match is price much more than what’s being presented. In the meantime, Indian cricket enthusiasts took to social media to troll Thompson for evaluating the Hundred with the IPL.

Why WI Vs Aus no longer on TV? Cos no longer sufficient audience. No advertisements. They are able to’t recuperate the rest with out promoting subs.

No person is aware of about The Hundred in India, bar 1% geeks on twitter. No probability of advertisements. 400 million pound is an overly sort be offering. Would take the investor years to damage even.

— IPL 2022 (@iplthebest) December 3, 2022

Simply wait till the IPL Franchise house owners transfer in. In my opinion they are going to most probably gain every of the Hundred franchises. They’ll upload two as IPL now has ten franchises. Successfully the IPL franchises will keep an eye on brief shape cricket in U.Ok. They are going to need prime summer time.

— Paddy Briggs (@PaddyBriggs) November 26, 2022

“If the IPL [Indian Premier League] is price one thousand million then we’d want somewhat a couple of billion to promote the summer time.”

What does this imply? Is ECB Leader valuing hundread greater than the IPL? https://t.co/j66QLpFLKo

— IPL Media Rights (@iplmediarights) December 3, 2022

Lucknow Tremendous Giants, one of the most two new groups added to the IPL roster final 12 months, used to be bought for almost one thousand million greenbacks in a closed bid organised by means of the BCCI. Previous this 12 months, the IPL virtual and TV rights have been bought for almost $6 billion, making IPL one of the most richest sports activities homes on the planet, striking it with the likes of NFL and EPL. This can be one of the most explanation why the Indian cricket enthusiasts trolled the ECB leader for evaluating the Hundred to the IPL.

Symbol: ECB/IPL