Steve Smith has once again made headlines, this time for his off-field success, after a significant financial windfall following the stock market debut of Koala on the Australian Securities Exchange. Smith had invested AUD 100,000 (approximately ₹64 lakh) in 2015, acquiring a 10 per cent stake in the then-emerging online retailer. Although his shareholding has since […]

The Indian Premier League continues to cement its status as one of the most lucrative sporting properties in the world, with fresh global investment interest emerging ahead of the 2026 season. US-based investment giant Blackstone Inc. is reportedly exploring a significant stake in the league, underlining the IPL’s ever-growing financial appeal. According to reports, Blackstone […]

Reliance Industries Limited, owners of the Mumbai Indians franchise, have furthered their global cricket footprint by acquiring a 49% stake in Oval Invincibles, one of the premier teams in England’s The Hundred tournament. The deal was secured after a competitive bidding war involving US-based tech entrepreneurs and CVC Capital, the private equity firm that owns […]

The Hundred, England’s innovative 100-ball cricket competition, is rapidly gaining traction, both on and off the field. The tournament’s unique format and the ECB’s proactive approach to attracting investment have combined to create a perfect storm of interest. The latest buzz surrounds the potential involvement of high-profile figures from the world of entertainment and sports. […]

Reports say CVC Capital Partners is ready to sell a stake—majority—in the IPL franchise of Gujarat Titans, whose stake value is around $1 bln-$1.5 bn. According to Economic Times, CVC is negotiating with the Adani Group and the Torrent Group over selling a majority stake in the franchise, with both groups showing interest in the […]

According to the recent developments, the cricketing fraternity is pleasantly surprised to see five IPL franchises have expressed a soft interest in acquiring a stake in London Spirit, the Lord’s-based team competing in the Hundred tournament. This exciting development comes from MCC president Mark Nicholas, who is poised to become chairman in October. Mark Nicholas’ […]