The Hundred’ Sales Pt 2: Hear from London Spirit Owner Nikesh Arora

Test Match Special

BBC

Cricket, Sports News, News, Sports

4.4 • 2.2K Ratings

🗓️ 12 February 2025

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Henry Moeran is joined by the BBC’s Chief Cricket Reporter Stephan Shemilt, and also the BBC’s Sport Editor Dan Roan.

We hear from Nikesh Arora, the leader the consortium of tech billionaires who has agreed the vast fee of £145 million pounds for a 49% share of the London Spirit.

We’ll also get into the details of the two latest sales as well; the Trent Rockets to a group involving Chelsea owner Todd Boehly, and Southern Brave to the Hampshire owners, the GMR group, who also own Delhi Capitals. This, therefore, effectively gives them full control of the Brave.

Make sure you’re subscribed to TMS wherever you listen to your podcasts - we’ll have regular podcasts around the Champions Trophy, including a look back on the last edition in 2017.

Transcript

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0:00.0	Before you listen to this BBC podcast, I want to tell you why I love podcasting.
0:04.7	Hi, my name's Tommy Dixon, and I make podcasts for the BBC.
0:08.4	I'm a big fan of stories, always loved a good book.
0:11.4	But when I started commuting for my first job, I discovered podcasts.
0:15.4	I was blown away by how a creative idea and the right mixture of sounds could take you into
0:19.2	a whole new world full of incredible stories. You know, the type that make you go, wow. And that kind of inspired me to
0:25.2	give it a go myself, which, to cut a long story short, led to a BBC training scheme and a whole
0:30.0	new career giving other people that exact same feeling. So if you want to hear amazing stories
0:34.2	that make you go wow, like I did, they're just a tap or click away on BBC Sounds.
0:40.9	BBC Sounds, music, radio podcasts. You're listening to the TMS podcast from BBC Radio 5 Live.
0:49.8	Hello, I'm Henry Moran. Welcome to the Test Match Special podcast as we bring you our second episode examining the sales of the 800 franchises.
0:59.2	After last week's Blitz that saw the value of the first six sides approaching £750 million.
1:05.7	We've now seen the sale of the Trent Rockets to a group involving Chelsea owner Todd Bowley and Southern Brave have on Wednesday
1:11.8	had a 49% stake bought by Hampshire owners, the GMR group, who also own the Delhi Capitals. This
1:18.0	therefore effectively gives them full control of the Brave. We'll get into the details of the
1:23.6	sums and figures shortly, as well as hearing a special interview with one of the investors in the London spirit. And we'll talk through what's next as each of the successful
1:32.5	bidders now enters a window of exclusivity to complete the deals that will change the face
1:37.3	and future of English cricket. You're listening to the TMS podcast from BBC Radio 5 Live.
1:45.0	Well, it has been a seismic 10 days or so with the sort of numbers involved,
1:49.2	astonishing those who follow the game and indeed the wider world of sports business.
1:53.7	With me to discuss what's happened and indeed what is next is the BBC's chief cricket reporter,
1:58.5	Stefan Schumelt, and also BBC Sport editor Dan Rowan.
	...

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