MCC Members Embrace Investment in The Hundred's London Spirit

The Marylebone Cricket Club (MCC) members have voted to accept a 51% share in the London Spirit franchise of The Hundred competition. The decision was made at a special general meeting, allowing MCC to have a say in potential investment partners. The England and Wales Cricket Board is also looking to sell stakes in its franchises.


Devdiscourse News Desk | Updated: 29-10-2024 16:15 IST | Created: 29-10-2024 16:15 IST
MCC Members Embrace Investment in The Hundred's London Spirit

The Marylebone Cricket Club (MCC) has voted in favor of acquiring a 51% share in the London Spirit franchise of The Hundred, a professional cricket competition.

More than 4,800 members supported the resolution, showcasing strong interest during a special general meeting held at Lord's, the MCC's home ground.

The decision allows the MCC to exercise a veto over investment partners if needed, and the club's involvement in the franchise will be managed by a steering group. The ECB is preparing to sell stakes in its eight franchises due to heightened investor interest.

(With inputs from agencies.)

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