UP427 Lalit Modi Exclusive: “The Hundred is a non-starter”

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The ECB is currently seeking investors for The Hundred franchises, the short form cricket competition and are selling a 49% stake that values them at up to £150m each. Today’s guest Lalit Modi disagrees. The founder of the Indian Premier League explains exclusively to Unofficial Partner why: “Based on the information memorandum a 100% stake in a team would be between £5m and £9m [for] outside London teams, and maximum, if one really wants a trophy asset, is London teams closer to £25m.” Earli...