English cricket has generated more than 520 million pounds ($650 million) from the sale of stakes in franchises in its recently created competition The Hundred to big-business investors from India and

Auctions held over the past two weeks drew bids that value the eight teams in The Hundred at more than $1.2 billion, the England and Wales Cricket Board said on Thursday. The investors who secured deals range from Silicon Valley tech giants,

English cricket chiefs say a windfall of nearly £1 billion ($1.25 billion) from an auction of Hundred franchises is "a seminal moment" that will safeguard the game for future generations. "This will also secure the funding that will go directly to the professional counties and recreational game,