RPSG Acquires Stake in Manchester Originals

The RPSG Group, owners of the IPL franchise Lucknow Super Giants, has acquired a significant stake in The Hundred's Manchester Originals, with reports suggesting either a 49% or a majority 70% stake. This acquisition values the franchise between £107 million and £116 million, marking a strategic expansion into English cricket for RPSG. The deal aligns with Lancashire's aim to partner with IPL entities and grants RPSG a foothold in the short-form cricket market beyond India and South Africa. This move follows other IPL franchises investing in The Hundred teams, such as the Mumbai Indians' owners acquiring a stake in Oval Invincibles. The bidding process is part of a broader strategy by the ECB to attract private investment and enhance the league's global competitiveness.