“Four years after The Hundred was launched, we’ve now entered final discussions with eight strategic partners, each ready to invest in the competition’s eight teams and help us take the competition and English and Welsh cricket to a new level – for the benefit of the whole of our game.
“This will also secure the funding that will go directly to the professional counties and recreational game, underpinning the fabric of our county game and helping futureproof cricket’s growth in England and Wales for generations to come.”.
The proceeds will be fed straight back into the country’s cricket network, with £50m set aside for recreational level and the rest split between the 18 first-class counties and the owners of Lord’s, Marylebone Cricket Club.
The England and Wales Cricket Board has claimed the near £1billion windfall from its Hundred auction represents “a seminal moment” that will protect the sport “for generations to come”.
“This means vital support for county cricket, growing the women’s game and inspiring even more children – and people of all ages – to pick up a bat and ball.
