A third IPL franchise owner has emerged victorious in the ongoing Hundred sale with the Sun Group, owners of Sunrisers Hyderabad, making the highest bid to buy a stake in Northern Superchargers, whose host county is Yorkshire.
The Sun Group’s valuation of Superchargers was £100 million for 100% of the franchise, with two other parties understood to have been involved in the auction. Both Yorkshire and Sun Group have to finalise the agreement within eight weeks of the end of the Hundred sale.
The Superchargers will be the third T20 franchise team in the Sun Group’s portfolio. They acquired Sunrisers Hyderabad in 2012, who went on to win the IPL in 2016 and finished as runners-up last year. In 2023, they added Sunrisers Eastern Cape, who have won the SA20 title in its first two editions.
The Sun Group is owned by Kalanithi Maran, an Indian media baron, who successfully bid for the IPL franchise after the BCCI terminated the ownership contract of the previous Hyderabad-based team, Deccan Chargers, in 2012.
The Superchargers are yet to win the Hundred in either the men’s or the women’s competition, with both teams finishing fourth in 2024. Their men’s team is coached by Andrew Flintoff and captained by Harry Brook, while the women’s team recently appointed Lisa Keightley as Dani Hazell’s successor. Mickey Arthur has also taken over as their new director of cricket this year.
Discover more from Latest News Today
Subscribe to get the latest posts sent to your email.