The Hundred Team Owners List: Franchise Ownership & Net Worth Details (2025)

The Hundred is a professional cricket league in England. The competition is organised by the England and Wales Cricket Board (ECB) and is played in early August every year. It is his only franchise tournament with a format of 100 balls. The competition is one of the four cricket events organised by the ECB, along with the County Championship, the One-Day Cup, and the T20 Blast. The Hundred has eight teams, seven in England and one in Wales.

Oval Invincibles (men and women) teams are the most successful in the competition as they have won the tournament twice, respectively. The men's team is the defending champions of the tournament. London Spirit is the reigning champion of the women's edition of the competition. The Hundred team owners have been investing in cricket for a long time now. In this article, we will dive into The Hundred team owners' list and their net worth.

The Hundred Team Owners 2025

The 2025 edition of The Hundred marks a turning point in the tournament's evolution, with the introduction of private ownership across franchises for the very first time. Previously operated under the oversight of the England and Wales Cricket Board (ECB) in collaboration with host counties, The Hundred teams' owners now include private investors and global sporting brands. They will also spend on scouting, player branding, and nurturing young cricketers, in time raising the stakes and potentially the profile. We dive into detail about The Hundred team owners list.

List of The Hundred Team Owners (2025 Updated)

Several high-profile global investors have taken ownership of The Hundred teams, particularly from the IPL circuit and U.S.-based sports businesses. Below we have listed the names and percentage of stakes of The Hundred teams' owners. We have ranked them according to the stake owned.

8. Trent Rockets | Cain International

Trent Rockets represent the city of Nottingham. The team comes from the traditional regions of Nottinghamshire, Derbyshire, and Leicestershire in the newly established The Hundred competition. In February 2021, the team announced that former Zimbabwe cricketer Andy Flower would be the inaugural coach of the men's squad, while Salliann Briggs, a former Yorkshire women's player, would coach the women's team. They won the men's competition in 2022 and finished third in 2021, while the women's team finished third in 2022.

The team has been co-owned by Cain International, which is backed by Chelsea co-owner Todd Boehly, and Ares Management Credit, both private equity firms, are jointly buying a 49% stake in Trent Rockets. Nottinghamshire has a 51% share. Todd Boehly, who has been one of The Hundred team owners, also bought Chelsea in May 2022, after the British government approved the £4.25 billion Todd Boehly-led consortium takeover of the England-based football team. The Hundred team owner of Trent Rockets, Todd Boehly, has a net worth of USD 850 crores.

7. Southern Brave | GMR Group (Delhi Capitals)

Southern Brave hail from the city of Southampton. The franchise represents the historic county teams of Hampshire and Sussex. In August 2019, the franchise appointed Mahela Jayawardene as the men's team's first coach, while former England Women captain Charlotte Edwards was appointed coach of the Women's team. They are the winners of the inaugural edition of the competition in 2021, for the men's category, and were the finalists of the 2024 edition. While the women's are two-time finalist in 2021 and 2022 and won it in 2023.

The Hundred team ownership for Southern Brave was bought by GMR Group, the Indian conglomerate that co-owns Delhi Capitals. They bought a 49% stake in Southern Brave. GMR also took over the host county, Hampshire. The Indian Company has several franchises in cricket as they also own teams in other T20 leagues like Dubai Capitals (ILT20) and Pretoria Capitals (SA20), along with this, they own the Delhi Capitals women's team that features in the WPL. The Hundred team owners have a net worth of USD 3.2 billion.

6. Birmingham Phoenix | Knighthead Capital Management

Birmingham Phoenix has been one of the franchises for the Hundred. It is based in the city of Birmingham. The team showcases the historic county teams of Warwickshire and Worcestershire. Former Australian all-rounder Andrew McDonald was appointed as the coach in the first edition of the competition. The men's side and women's sides play at the home of Warwickshire County Cricket Club, Edgbaston Cricket Ground, in Edgbaston. They are yet to reach the finals of the competition.

Knighthead Capital, a New York-based investment group, acquired a 49% share in Birmingham Phoenix. Warwickshire kept 51%. The Hundred team ownership aims to build a "Sports Quarter" in the city of Birmingham. This also includes Birmingham City Football Club. The Birmingham Phoenix investment is estimated to be worth over £40 million. Knighthead's concept includes establishing a "Sports Quarter" in Birmingham, which would entail redeveloping portions of the city and maybe erecting a new sports arena.

5. London Spirit | Cricket Investor Holdings Ltd.

London Spirit is based in North London. The team represents the historic counties of Middlesex, Essex, and Northamptonshire. They have been playing their home games at Lord's, London. This franchise announced the late Shane Warne as their head coach in the first edition of the competition. Former Australia Women's coach Lisa Keightley was appointed coach of the Women's team. The women's team has been the winner of the 2024 edition of the league. However, the men's team is yet to win the trophy.

Cricket Investor Holdings Limited, a group of Silicon Valley technology entrepreneurs owned by Nikesh Arora and Satyan Gajwani, acquired a 49% share in London Spirit. MCC maintained 51%. Nikesh Arora (CEO of Palo Alto Networks), Satyan Gajwani (Vice Chairman of Times Internet), Sundar Pichai (CEO of Google), Satya Nadella (CEO of Microsoft), and Shantanu Narayen (CEO of Adobe) are among the company's notable members. The Hundred team ownership proposal was led by Arora and Gajwani, who were among the final investors to enter the competition. They have a net worth of £145m.

4. Oval Invincibles | Reliance Industries

Oval Invincibles is based in South London, representing The Oval, and is linked with Surrey and Kent. Both men's and women's teams have performed exceptionally well in the competition. The men's team has taken off a bit late and has successfully won back-to-back titles in 2023 and 2024. On the other hand, the women's team has won the inaugural edition in 2021 and then in 2022, yet again. They have been the most successful side in the competition.

The Oval Invincibles is partly owned by Indiawin Sports Pvt. Ltd., a wholly owned subsidiary of Reliance Industries Limited (RIL). While RIL acquired a 49% stake in the franchise, Surrey County Cricket Club retains the majority 51% stake. The Hundred team owners list for more teams grows as Reliance Industries has six more franchises owned in different parts of the world. The Mumbai Indians are the most famous in the IPL, and MI New York in MLC, and more. The franchise has a net worth of £60m, with the owners having a net worth of 120 billion USD.

3. Welsh Fire | Sanjay Govil

Welsh Fire comes from the city of Cardiff. The team represents the county teams of Glamorgan, Gloucestershire, and Somerset. Initially, the team was jointly run by Glamorgan, Somerset, and Gloucestershire County Cricket Clubs. The team needs to make sure they win games and yet again qualify for the playoffs.

Sanjay Govil, an Indian-American tech entrepreneur and the owner of Washington Freedom, bought a 50% stake in Welsh Fire. His team debuted in 2023 and has partnered with Cricket New South Wales (Australia) for player development and coaching advancements. The team has been in growing years under The Hundred team ownership of Govil. He has a net worth of 1.8 billion USD. This showcases his reach in the global market.

2. Manchester Originals | RPSG Group

Manchester Originals made their debut in English cricket in 2019. This team comes from the county team of Lancashire. During their inaugural season (2021), they had a mixed campaign, finishing 5th and missing out on the playoffs. However, the team rebounded strongly in 2022 and 2023, finishing 2nd in the group stages in both years and reaching the final on both occasions. They are yet to win their maiden championship for both men and women.

In early 2025, the RPSG Group, owners of IPL's Lucknow Super Giants, purchased a 70% controlling stake in the Originals, valuing the team at approximately £110 million. Dr. Sanjiv Goenka also owns the Durban Super Giants, who compete in the SA20. This is Goenka's third franchise side in the worldwide T20 league. The businessman from Kolkata has long been known for his passion for sports. Apart from these two cricket franchises, he owns a football club named Mohun Bagan Super Giant is a popular Indian Super League football team in India.

1. Northern Superchargers | Sun Group

Northern Superchargers come from Leeds; they represent the areas of North East England and Yorkshire. Both teams play at Headingley Cricket Ground. They have been in the final once, which was the women's team; the men's team is yet to reach the ultimate fixture. The team is still growing with the new side and coach who has been appointed during the 2024 season. They will look to do better in the upcoming season. Sun Group has taken full control of the team, as The Hundred team ownership has been given to the Indian TV network.

The Sun Group's previous ventures included television, radio, newspapers, FM stations, OTT platforms (Sun NXT), and aviation (SpiceJet). Kavya Maran is an Indian businesswoman. She co-owns and manages Sunrisers Hyderabad as an SRH team owner in the Indian Premier League (IPL) and Sunrisers Eastern Cape in the SA20 League and has been the executive director of Sun TV Network Limited. The Hundred Team ownership has a net worth of £100m, and the owners have an estimated value of INR 12,158 crore.

The Future of The Hundred Ownership

Indian corporate executives and international organisations have begun to purchase stakes and own teams in the majority of the world's top T20 tournaments, including the SA20, CPL, and ILT20. The Hundred, an English 100-ball league, is the most recent addition to this list of leagues. The competition has transitioned from a centrally managed structure run by the England and Wales Cricket Board (ECB).

It has changed to a hybrid format, incorporating global sports investors and traditional county partnerships. Franchise teams are now partially or majority owned by high-profile investors, such as the RPSG Group (Manchester Originals), Reliance Industries (Oval Invincibles), Sun Group (Northern Superchargers), and US-based venture capitalists, including Tom Brady's Knighthead Capital and Silicon Valley executives.

The ECB will have to find a balance between business objectives and the league's fundamental goals, maintaining accessibility, developing local talent, and supporting the county cricket environment. If properly managed, this hybrid ownership model has the potential to become a long-term success, similar to the IPL and BBL.

Conclusion

With global investors such as RPSG Group, Reliance Industries, and Sun Group, as well as American companies such as Knighthead Capital and Cain International, acquiring shares in teams, the league is aligning itself with the world's top T20 events. These 100 team owners bring not just financial strength (net worths ranging from hundreds of millions to billions of dollars), but also strategic sports management knowledge and global market reach. The investments of such massive ownership companies assure that The Hundred will be more than just a domestic league, like IPL and BBL.