The England and Wales Cricket Board (ECB) is currently in discussions with various IPL franchise owners about investing in the Hundred competition. This 100-ball-per-side tournament, now in its fourth edition, features eight teams with both men’s and women’s sides. Despite its controversial nature, the competition begins on Tuesday.

The future of the Hundred is uncertain as the ECB seeks private investment to secure its place in the global calendar and strengthen domestic cricket finances. The ECB plans to sell a 49 percent ownership stake in each team to private investors, while the host teams retain the remaining 51 percent, aiming to balance the need for funding with maintaining control over the tournament.

ECB chief executive Richard Gould emphasized the importance of retaining control at both the team and competition levels, noting that investor priorities vary, with some focused on on-field control and others on commercial aspects.

The IPL, driven by India’s large market, has significantly impacted cricket globally, allowing players to pursue lucrative careers without playing traditional Test and ODI matches. There is speculation that IPL owners, like the Ambani family who own the Mumbai Indians, might seek full control of Hundred teams.

Gould acknowledged the potential for IPL investment, highlighting the strength of the Indian market and the expansion of IPL teams into other national markets. He suggested that full ownership could be possible, depending on the investors’ financial and operational capabilities.

ECB’s director of business operations, Vikram Banerjee, mentioned ongoing conversations with IPL and WPL owners, expressing optimism about forming partnerships. He also indicated openness to investment from American Football (NFL) entities. Banerjee praised the IPL teams’ expertise in cricket and their potential contribution to the Hundred.

Several IPL franchise owners already own teams in other leagues, such as the CPL, ILT20, SA20, and MLC, showcasing their interest in expanding their cricket investments globally.