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Sunday, July 13, 2025

Lalit Modi’s Big Warning on Hundred Investments


former chairman and founder Indian Premier League (IPL), Lalit Modi has given franchise owners a big warning about investing in The Hundred. He said that England and the Welsh Cricket Board (ECB) trying to deceive people by offering the rights to the league.

The England and Wales Cricket Board wants to sell the rights to the Centuries. It has been learned that they want to make the league private and will sell close to 100 percent stake in the eight. teams of the league.

Owners of IPL franchises, including Mumbai Indians, Kolkata Knight Riders, Chennai Super Kings, Lucknow Super Giants, Delhi Capitals, Sunrisers Hyderabad and Rajasthan Royals, have reportedly expressed their desire to acquire a majority stake in the Hundred franchise. .

Because of this, the England and Wales Cricket Board is expected to earn £1.8 million (Rs 20 crore) from next year to 2028. This will see the projected revenue from the Indian market achieve a whopping growth of over 800 percent in 2029. 15 million pounds (Rs. 160 million).

But Lalit Modi believes that the ECB is trying to create hype for Hundred by misrepresenting it. He feels that International rights have no value and cited the examples of SA20, CPL, Big Bash and ILT20 to prove his point.

Lalit Modi also reacted to the ECB’s expectation of a valuation of Rs 300 crore, saying it was not worth it. Explaining the same, he explained (as quoted by Cricbuzz):

“They’re trying to hype a tournament that doesn’t matter in the way they’re presenting it. They’re trying to fool people like that. International rights are zero. If you take that number out, you’re eliminating sponsorship growth.

“The international market is completely deceiving in my opinion. If you look at all the leagues, none of them can generate any revenue from foreign markets – be it the SA20 (also) South Africa), Big Bash (in Australia), ILT20 (UAE) or Caribbean Premier League (CPL).”

“They’re hoping to get a price of 300 million. That’s the point. You can buy a team for $5 million. Maybe you can think about it for Lord’s and put it at $25 million. It’s not a value proposition,” Lalit Modi said.

It was to buy the tournament forever – with Lalit Modi bidding the ECB to buy a Hundred

Lalit Modi recently offered the ECB a billion dollars to buy the league. Speaking about his offer, he said he wanted to buy the tournament in perpetuity and make it a 20-20 tournament.

He also believes that the ECB is trying to cheat the IPL owners by trying to get them to buy the rights to the league, which he believes has no merit. He added:

“Would you like clarification on my billion offer? It was to buy the tournament forever and the idea was to replicate it as a T20 tournament. Not another new format with ZERO imagination of a global audience. Second, to differentiate it from others. ECB media rights. Third, 100 percent ownership.

“Fourth distance from a struggling Hundred that comes with baggage. My concern is that they are trying to lure the current IPL holders into this non-starter league and create hype around it that has no justification or numbers to warrant (sic). ).” Lalit Modi concluded.



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