Hampshire owners snap up Southern Brave stake as Hundred sale hits £1bn
- Delhi Capitals co-owners GMR Group secure 49% share
- Four of the eight franchises will now have IPL backers
English cricket completed arguably its greatest transformation in living memory on Wednesday after Southern Brave became the eighth and final franchise to be bought in the landmark Hundred sale.
As expected, Hampshire’s owners GMR Group – co-owners of Delhi Capitals in the Indian Premier League – have secured the 49% stake that was on offer from the England and Wales Cricket Board. It means the county, previously gifted 51% by the ECB, will take full control of Southern Brave once the final details are ironed out.
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