Sunrisers Hyderabad secures stake in Hundred side Northern Superchargers

Sunrisers Hyderabad secures stake in Hundred side Northern Superchargers

Sunrisers Hyderabad has become the third Indian Premier League franchise to invest in England’s ‘The Hundred’ event with after registering the winning bid to buy the Northern Superchargers franchise.

The Superchargers, which is based out of Yorkshire, finished fourth in both the men’s and women’s competition last season.

Reports in ESPNcricinfo suggested that the Sun Group has agreed to buy out the England Cricket Board’s 49 per cent stake and Yorkshire’s 51 per cent, making it the first team to be sold outright.

The Superchargers will be the third T20 team to be owned by the Sun Group, after the Hyderabad franchise and the Sunrisers Eastern Cape franchise in the SA20 which won the title in the first two seasons.

The Sun Group investment comes a few days after the RPSG Group (owners of Lucknow Super Giants) and Reliance Industries Limited (owners of Mumbai Indians) bought stocks in the Manchester Originals and Oval Invincibles.