Delhi Capitals : The cricketing landscape is witnessing a major transformation as Indian Premier League (IPL) franchises continue to expand their global footprint. In a landmark move, the GMR Group, co-owners of the Delhi Capitals, has secured full ownership of Southern Brave, a team in England’s The Hundred tournament. This acquisition, valued at Rs 1059 crore (£98 million), marks another significant investment by an IPL franchise in English cricket.
Delhi Capitals Owners GMR Group Acquire 100% Stake in Southern Brave for Rs 1059 Crore
Table of Contents
GMR Group Strengthens Its Hold Over Southern Brave
The England and Wales Cricket Board (ECB) has officially completed the equity sale of The Hundred franchises, and GMR Group has emerged as one of the key stakeholders in the league. Previously, GMR had acquired a majority stake in the franchise through its purchase of Hampshire County Cricket Club (HCCC) last year. This deal had already given them control over 51% of Southern Brave, along with ownership of the Utilita Bowl (South Bowl) Ground, the Hilton hotel, and an 18-hole golf course.
Now, with ECB selling a 49% stake in each franchise, GMR Group has stepped in to claim full ownership of Southern Brave by paying Rs 518 crore (£48 million) to the ECB. This move makes them the second IPL franchise owner to fully acquire a team in The Hundred, following Sun Group’s 100% acquisition of the Northern Superchargers.
IPL’s Growing Influence in The Hundred
The Indian Premier League franchises are making their presence felt in The Hundred, with multiple teams now under their control. Here’s a look at IPL franchises with stakes in The Hundred:
- Southern Brave – Fully owned by GMR Group (Delhi Capitals co-owners)
- Northern Superchargers – Fully owned by Sun Group (Sunrisers Hyderabad owners)
- Oval Invincibles – 49% stake acquired by Mumbai Indians for Rs 649 crore (£60 million)
- Manchester Originals – 49% stake acquired by Lucknow Super Giants for Rs 1251 crore (£116 million)
With these acquisitions, IPL franchises are solidifying their dominance in global cricket, leveraging their financial muscle and strategic vision to shape the future of the sport.
What This Means for the Future of The Hundred
The sale of The Hundred franchises to Indian investors is a game-changer for English cricket. With IPL teams bringing in their expertise, marketing prowess, and financial backing, The Hundred could see enhanced commercialization, better player contracts, and a stronger global appeal.
Furthermore, the increasing presence of IPL franchises in English cricket opens up opportunities for player exchanges, coaching collaborations, and cross-league promotional events, ultimately benefiting the sport worldwide.
GMR Group’s full acquisition of Southern Brave is a strategic move that cements their position in global cricket. As IPL franchises continue their expansion, The Hundred is set to benefit from increased investments and international appeal. With more Indian investors stepping into English cricket, the synergy between the two cricketing powerhouses is only set to grow stronger.
FAQs
Who owns Southern Brave now?
GMR Group, co-owners of Delhi Capitals, now fully owns Southern Brave.
How much did GMR Group pay for Southern Brave?
GMR Group acquired the franchise for Rs 1059 crore (£98 million), paying Rs 518 crore (£48 million) to the ECB for the remaining stake.
