Bridgepoint Group has approached the England and Wales Cricket Board with an offer to acquire a 75% stake in the 100-ball format competition, Sky News learns.
The ECB's response, however, is expected to be cooler, with a new leadership team likely to adopt a more sceptical approach to handing over control of the sport's newest money-spinner.
Coincidentally, the 2022 edition of the 100-ball format saw the Oval Invincibles - based at Surrey's home ground - win the women's tournament, while the Trent Rockets were crowned men's champions. Sanjay Patel, managing director of The Hundred, said in September:"It's been brilliant to see more families, more kids and record numbers attending the games this year.
The private equity firm has a long track record of investing into elite sport, having owned MotoGP for years as well as InFront, the media rights agency which helped to orchestrate the commercial development of the Winter Olympics.
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