I'll grant that for the sake of argument.
having a hard time believing that. what numbers are we talking about? what would be a handy number to justify the valuation?
there is this
Silicon Valley consortium values London Spirit at £295 million in Hundred coup
Deal is set to make London-based club the most valuable in the Hundredwww.espncricinfo.com
and there is this.
The Hundred Sells Out To Boost Profile And English Cricket’s Future
English cricket's The Hundred has been popular with crowds but could do with more big names. The stakes are higher now as investors come in for a piece of the cake.www.forbes.com
>>>The ECB has previously claimed the competition made profits in the first two years. However, a well-publicized report by Fanos Hira, a chartered accountant and former chair of Worcestershire, stated that the Hundred made a loss of over $11 million in its first two years. That didn’t include the $30.8 million paid by the ECB to the counties and the MCC in return for backing the competition.
The ECB has been accused of inflating the financial projections in a document distributed to investors, claiming domestic TV rights will rise from over $105 million annually from 2029 and that Indian TV rights will increase by 15 million from 2030. Currently, no Indian players are permitted to play in foreign franchises which undermines the breadth of the viewership. The founder of the IPL, Lalit Modi, said that the figures for sponsorship were far-fetched and that the Hundred didn’t even match the Caribbean Premier League, let alone the IPL, for profitability and revenue sustainability.<<<<
Something is not adding up here.
is hundred relying on Indian market for revenues? If it is relying on English market alone, why is ECB toeing the line to BCCI?
Lalit Modi is not exactly a friend of BCCI or IPL at this point
I guess it is safe to say that the £15m is the optimistic number. That too is very far away onto the future.
Thats sounds rather optimistic.
This has Allen Stanford written all over it.
Yup. This doesn't pass the smell test.
Doesn't that take away revenue from county cricket?
What feeds county cricket now? Isn't county cricket the primary domestic cricket in England?
Which bit of it, Modi being an interested party? He publicly leaked the valuation information that was only provided confidentially to potential investors on his twitter.
He also tried to organise a purchase of the tournament in full himself earlier last year for $1bn but was rejected by the ECB.
Lalit Modi pours scorn on 'overambitious' Hundred in leaked financial projections
IPL founder dismisses projected value of competition and eight teams in post on X/Twitter
Which court will you file a case in now?
tow the line...lol.. This guy will get Indians to tow the line. They never learn do they @cricketjoshila @rpant_gabba @Aang_The_last_airbender
Wait till this turns into another Hindutva bashing thread.
I think its heading towards perfect parity, Indian players only get to play in IPL gradually Pakistani players will only play in PSL.
This exclusion could push Pakistani players to seek UK/USA citizenship for league opportunities, leading to a massive 'talent exodus' that weakens Pakistan cricket in the long run.I think its heading towards perfect parity, Indian players only get to play in IPL gradually Pakistani players will only play in PSL.
Indirectly, it will help Pakistan Cricket as the players will not be burnt out and play better for the national team.
Azam Khan seems next in line, given his lack of motivation and fitness for international cricket.
aye aye Major.. Yeah it is.. as you say.. A Blessing in Disguise.I think its heading towards perfect parity, Indian players only get to play in IPL gradually Pakistani players will only play in PSL.
Indirectly, it will help Pakistan Cricket as the players will not be burnt out and play better for the national team.
Teams in USA for MLC are also Indian owned.. It will happen there as well.
Not if they take US citizenship which is what the aim should be.
Or they can move to middle east nations
It's more because of RizBar. They diminished the brand of Pakistan cricket.
@HitWicket @cricketjoshila @RexRex
Revealed: Hundred deals not done after pushback from Indians and Americans
>>There are potential issues over ECB sponsors and those brought in by new owners, as well as schedule clashes in 2028 and 2032 with the summer Olympics, which now include cricket.
Multiple sources have said the deals are not done. One described the participation agreement wrangling as a “major issue” and that owners are “flexing muscles with ECB”, but sources at the board insist the deals are on track, that nobody is “on the verge of walking away” and that investors just want “security” because they are “putting so much money in”.<<
Yes, the sellers are flying to mumbai in a panic over the value broadcast rights and who will get the large portion is a real strong point for "The Hundred"
Yes, the sellers are flying to mumbai in a panic over the value broadcast rights and who will get the large portion is a real strong point for "The Hundred"
PS: Did you ever figure out your confusion over brand value and franchise value?
The the goal of ECB is essentially scam the investors by implying that most of the broadcast money is for England internationl rights.
The the goal of ECB is essentially scam the investors by implying that most of the broadcast money is for England internationl rights.
looks like purchasers are doing their due diligence. wonder if ECB will sue the purchasers if this **** falls apart?
If "The Hundred" hundred is so great why not sell the broadcast rights separately?
@RexRex told you this thing smells.
@cricketjoshila ECB is playing shell game by intentionally mixing/mucking up the broadcast rights of The Hundred with Enlgand international rightsThe the goal of ECB is essentially scam the investors by implying that most of the broadcast money is for England internationl rights.
looks like purchasers are doing their due diligence. wonder if ECB will sue the purchasers if this **** falls apart?
If "The Hundred" hundred is so great why not sell the broadcast rights separately?
@RexRex told you this thing smells.
England population is -50 million. Assuming 50% follow cricket and a household of -5 each, that leaves with 5 million possible subscribers. With an average household income of 60k, what % of that 5 million will spend 1200 on a sports tv subscription?
Well, it looks like they are taking closer look at the numbers and reading the fine print.
Given that Football and Rugby are way more popular, What is the value of the broadcast rights for England international cricket?
So it works to be ~10 million USD per team? and team value is at 300 million USD?
Given that every other tour except ashes and Indian tour is a loss leader, BCCI can really tighten the screws on ECB. Wish teh idiots at BCCI would wake up.
Such as?
Sure /S
sounds very very optimistic.
Let me add some finacial perspective, in 2024, until Trump F'd it up this year, the market return was in double digitsSure /S
sounds very very optimistic.
That is 15 million profit for 8 teams = 2milllion/team/year
- Established in 2021, the men’s and women’s Hundred competitions generate revenue of around £60m a year for the ECB (from broadcast, ticket sales and sponsorship) and cost around £45m to deliver. This includes the salaries of players and coaches, marketing and digital activity, matchday operations and event presentation.
Assuming this has gone up 50% (optmistic) that makes in 3 million/team/year
No wonder ECB officials are flying Mumbai.
Yes, Thats why ECB officials are flying to mumbai to salvage the deal
On a 100m investment? mights as light it and have a bonfire. LMAO
dude, the 2024 SP 500 return was 25%. That means, 50m got you 12.5M return, you projected profit in 2032.
You are counting on asset appreciating to make for the 1% your are getting now.
So you have a sport with dwindling popularity in the country, one with a shitty ecnomic outlook and serious cost of lliving crisis, and a sport surviving on revenues from a developing country for the most part.
you need to start posting sources.
