The Hundred cricket tournament has quickly become one of the most innovative and fun to watch short-format cricket tournaments in the world. It features a distinctive 100-ball game, drawing fans and attention from around the world. One of the key milestones in the league’s growth phase is the successful completion of strategic alliances for all eight teams, resulting in valuable investments and knowledge.
It’s a new era for the Hundred with a new set of team owners. The contracts will help to improve the value of the franchises not only commercially, but it will also help to raise the bar in cricket, fan engagement and grassroots cricket, both within England and Wales and globally. Everything you need to know about all the team owners, their investment and what they offer.
Complete List of The Hundred Team Owners
| Team | Owner / Partner | Stake | Host Club / Venue | Key Highlights |
|---|---|---|---|---|
| Birmingham Phoenix | Knighthead Capital Management, LLC | 49% | Birmingham (Edgbaston) | US-based investment firm |
| London Spirit | Tech Titans | 49% | Lord’s, London | Technology & media focus |
| Manchester Super Giants (Originals) | RPSG Group | 70% | Old Trafford, Manchester | Indian business conglomerate |
| SunRisers Leeds (Northern Superchargers) | Sun TV Network Limited | 100% | Headingley, Leeds | Full ownership by Indian media giant |
| MI London (Oval Invincibles) | Reliance Industries Ltd (RSBVL) | 49% | The Oval, London | MI franchise family |
| Southern Brave | GMR Group | 49% | Utilita Bowl, Southampton | Indian infrastructure major |
| Trent Rockets | Cain & Ares Management Credit funds | 49% | Trent Bridge, Nottingham | US finance & sports investment |
| Welsh Fire | Washington Freedom | 50% | Sophia Gardens, Cardiff | American cricket franchise tie-up |
In-Depth Discussion of The Hundred Team Owners
1. Birmingham Phoenix – Knighthead Capital Management, LLC (49%)

Knighthead is a US-based investment firm. They provide expertise in finance and with a long-term value creation focus. They are working with Warwickshire CCC at Edgbaston to enhance their field performance and business development.
2. London Spirit – Tech Titans (49%)

This is a collaboration between well-known investors in technology and media. Tech Titans, headquartered at the legendary home of cricket Lord’s, is poised to help the club make a leap in innovation across the gamut of fan engagement, digital platforms, and international broadcasting.
3. Manchester Super Giants (Manchester Originals) – RPSG Group (70%)

RPSG Group led by Sanjiv Goenka is one of the leading Indian conglomerates who have had experience in IPL (Lucknow Super Giants).Their majority investment demonstrates their long-term commitment to the franchise.They will be bringing proven cricket management skills to Old Trafford.
4. SunRisers Leeds (Northern Superchargers) – Sun TV Network Limited (100%)

Sun TV Network, one of the biggest media organisations in South India and the owners of the IPL team, SunRisers Hyderabad, acquired full ownership of the franchise.This comprehensive control enables them to match with its IPL strategies and robust regional fan base backing.
5. MI London (Oval Invincibles) – Reliance Industries Limited (49%)

One of the most prominent deals. Surrey CCC is the partner of the Reliance Strategic Business Ventures Limited (a subsidiary of Reliance Industries). It has been re-launched as MI London and is part of the successful MI family (Mumbai Indians).
Mrs Nita M. Ambani and Mr Akash Ambani are thrilled to build on the MI legacy in London with the goal of cultivating talent, building community and preserving the Invincibles winning culture.
6. Southern Brave – GMR Group (49%)

GMR Group is a leading Indian infrastructure company with significant sports investments (including in IPL). It is thought that their partnership with Hampshire CCC at the Utilita Bowl will improve infrastructure and the experience for fans.
7. Trent Rockets – Cain & Ares (49%)

This is a US-based partnership between Cain (led by Jonathan Goldstein) and Ares Management. They are flexible with capital and sports investment knowledge.Mark Affolter and Jonathan Goldstein spoke about Trent Rockets’ aspiration and The Hundred’s swift growth. At Trent Bridge, there is a deal for both men’s and women’s teams.
8. Welsh Fire – Washington Freedom (50%)

A unique transatlantic link with the Washington Freedom franchise from Major League Cricket (USA). This 50/50 arrangement is designed to exchange knowledge, players and best practices between the two leagues and will be of benefit to Welsh cricket at Sophia Gardens.
Impact of These Partnerships
The total value of the eight deals is more than £975 million for The Hundred teams. Most significantly, they enable more than £500 million to be spent on English and Welsh cricket, with £50m of that being focused on grassroots development.
Vikram Banerjee Managing Director of The Hundred said that the upcoming season of 2026 will be the best yet with their world-class partners.
What to Expect in 2026 and Beyond
- More well resourced teams
- Improved worldwide marketing and fan interaction.Better worldwide marketing and fan interaction.
- Enhanced routes to English ability
- More commercial success and international appeal
The team owners from the Hundred countries in India, USA and elsewhere are all there, which is a sign of confidence in the league’s innovative 100-ball format and its potential as a world-class cricket brand.
The new structure brings The Hundred to become one of the most commercially viable and professionally run short format cricket competitions globally.
