England Cricket Power Play: CNBC’s UK exchange newspaper
This report is from the UK exchange newspaper this week with CNBC’s Ian King. Likes what you see? You can subscribe Here.
Transmission
This is a gripping cricketing summer in England.
World Cricket Economic Powerhouse – A highly battle series of five Tests with India ends early this week. One of them will go down as The most set of the game played??
A quick side. There are many types of cricket. The longest test is known as the match and can last for five days – and still will probably end in the tie. Then one day is international. Each side bowling is equal to six balls for the bowling of 50 “over”. Next, there are twenty 20 or T20, with 20 overs or 120 balls on each side.
And finally, the smallest, the smallest, is the brainchild of the game’s administrative body here, England and Wales Cricket Board (or ECB – – should not be confused with Other ECB).
The competition is a big business now and at the beginning of this year, the commercial cricket in this country – mainly the United States and India -investment records were recorded. More about it in a moment.
Handrade, which started on Tuesday and played for more than five weeks during the summer holidays of the English school, was born in a very political situation.
The cricket board had imagined this to attract new, young fans, surprised by the long types of games. However, in reality, it was also designed to remove power from 18 county, the traditionally the basis of commercial cricket in England and Wales.
A hundred years ago, the men’s and women’s international teams had no property for sale in addition to TV rights – and many of them returned to the county. Franchise cricket entered countries like India and Australia for the potential loss of international cricket, it was worried that the value of those TV rights could be reduced. So the creation of your own competition.
England’s Gus Atkinson between England and India was between England and India in the Test match on August 4, 2025 in London, England on August 4, 2025 in England.
Andy Carns | Getty Image | Getty
One hundred county teams got a lot of money to calm any objections. These anxieties have been well grounded and out of the events: played at the height of the summer .This competition has pushed the traditional count fixture to the season’s margins because many best county players-they have paid good money to do so-they compete.
This neglect has hurt home competition, the most lasting of the game, the most lasting of the game and the T20 blast, the biggest money -spinner for the last few decades, English and Welsh County.
One hundred began a difficult start. The first draft of the tournament was held on October 1, Kovid hit and compensated for the first season planned.
When 100 was finally started in the 5th, the cricket board considered successful success: the field was packed, the TV audience was high and the clips were watched about 35 million times on social media.
Some were surprised at this.
Mike Athton, former England captain and debate, now the most prestigious writer and Broadcaster of the game wrote in the Times at the end of the first season: “Cricket is a good game. This is a good summer, charging at reasonable prices, experts made in accordance with a established creative silk. The abilities will come “.
Since then, The Hundred has been growing at least not at least economical but also. In February this year, the value of eight teams in The Hundred was only more than $ 975 million ($ 1.3 billion) after the three -round bid process, which was attracted to interest in the world.
Vaccinally, the England and Wales Cricket Board have maintained a controller partnership in the tournament while bringing back $ 20 million to the game.
It was a specific victory for the board chairman Richard Thompson, who recently revealed that on the second day of the job, he was offered to buy the entire competition from Bridgepoint, a private equity firm for $ $ 5 million.
Some of the money paid for partnerships in teams is extraordinary.
Silicon Valley-based cricket investor Holdings has given $ 145 million for 49% of London Spirit, the franchise in Lord’s Iconic Cricket Ground, known as “The Home of Cricket”.
Cricket Investors Holdings is front by Nikesh Arora, CEO of CyberSurification Giant Palo Alto Network, and others are the Chief Executive Officer of Alphabet Sundar Pichai, Microsoft Chief Executive Officer Satya Nadela and American Tech Investment Giant Silver Lake.
But some other teams have also increased huge amounts. The other franchise in London, the oval, was worth $ 1 million. He also has the Mumbai Indians Team in the Indian Premier League (IPL), as well as her sister team, MI Cape Town, MI Emirates and MI New York.
In the meantime, the value of manchester originals was $ 66 million.
And after the possession of 49% of the property investment company Ken International, owned by the US co-owner of the Chelsea Football Club Joanath Goldstin and Todd Bohele, the Trent Rockets of the Nottinghamshire was worth dollars.
‘Havels’ and ‘Notts’
With the arrival of all these money in English cricket, the passion and the passion of his knowledgeable fan base created fresh anxiety.
One is that the money that took place in the English Rugby Union will be wasted, which in 2013, the private equity firm CVC Capital Partners acquired 5 % in the highest home competition in the game. Three clubs – Wasspacers Warriors and London Irish – are followed by bust and many others are criticizing the edges.
Another concern for the first time is whether the English game was divided into another between “Havus” and “notes”. The inauguration of the Leonard Curtis Cricket Finance Report published last month showed that in the three largest countries, Suri, Lancashire and Birmingham-based War Vikshair, the first 3 FIRS in the first 44% of the first class earnings in the 323. All three teams have all three, compared to the host grounds. The three poor countries – Leicestershire, Derbyshire and Northemptonshire are only 5.6%.
Co-author of the report Rob Wilson said many countries depend on the funds of the England and Wales Cricket Board, but one hundred possibly a significant turn.
“The reality is that the ECB earnings design enables them to be in the form of the form of the counter. And it will be turbocharged by a hundred money,” he told The Guardian.
“Most importantly, the ECB maintains that money and how they deliver it so the clubs don’t waste it.”
Another concern about a hundred, not at least for Purist, she and other franchise cricket are ignoring the quality and regularity of international fixtures. There was already a fight: for example, last year, England remembered many IPL players before the T20 World Cup. In May this year, England prevented one of those players from choosing Jacob Bethel for the Test against Zimbabwe in May so that he can play in the IPL.
So there is already a club against the tensions in the country – who has made commercial football weak for years – and if you give fantastic rewards on offers, especially in the IPL, players have time to choose franchise cricket.
This has been seen in the lowly economical cricketing countries worldwide. South African Quint de Kock and Henicer Klasein and Trinidadian Nicholas Girin, the most condemnable player of the West Indies in T -2, have focused on franchise cricket.
Franchisee cricket is already there where most TV revenue is for the rest of the world. The Big Three of India, Australia and England and England-Kaval World Games, the game Test series lasts more than three matches, and then only against each other (Australians will be organizing a four-match series against New Zealand in December next year).
South Africa, which has just been a neutral South Africa to become the World Test Champions, is not another home -based Test series till September 1stl. Bangladesh and Sri Lanka will play only 3 Test matches between Between and February 7 Between.
The most dedicated supporters of English cricket do not want this to happen here.
However, for now, this is the summer height, and some of the best cricketers in the world of Hundred, some of which are Steve Smith of Australia, Ravindra of New Zealand and Nur Ahmed of Afghanistan – for the first time. There is a lot to look forward to.
– Ian King
Top TV choices on CNBC
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LSEG Chief Executive Officer David Shwermer has discussed whether London is still an attractive destination for the list and for the company’s performance in the first half of the year.
BP CEO Murray Ochincloses discuss the earnings of the oil Major, the industry more widely and the biggest oil and gas discovery of BP in the BP in 25 years.
– Holly Alete
Must know
In the market
UK stocks have increased last week. FTS100 The remaining at 9,000 levels at 9,142.73 on Tuesday. Investors’ eyes are there as many countries to sign trade agreements with the United States before President Donald Trump’s deadline. UK charged charged Trade agreement With the United States, a hit in May.
The performance of the Financial Times Stock Stock Exchange 100 Index in the last year.
UK Government Bond’s production of Treasury last week. A disappointing job job Increased the US slide. British 10-year gilt income Tuesday was trading around 2.5.5 percent, which was about 61.61% a week ago.
The PoundIn the meantime, the Bank of England cut the second rate this Thursday against the dollar.
– Katrina bishop
Is coming
August 7: Bank of England’s rate decisions
August 12: Unemployment rate in June
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