Google boss Sundar Pichai looks to buy CRICKET team for Rs 8350000000 in THIS league
GH News January 16, 2025 07:06 PM
New Delhi: CEO of Google Sundar Pichai has partnered with a group of Silicon Valley CEO to pursue The Hundred — the short format league for England and Wales. According to reports the consortium is reportedly for £ 80m (€97 million) for either The Oval Invincibles or the London Spirit. This demonstrates the growing interest from tech titans on sports. The triad behind the bid is Pichai and Nikesh Arora CEO of Palo Alto Networks and Satyan Gajwani a former Times Internet VP in his day. Speakers also include Egon Durban co-CEO of Silver Lake Management and the 24-hour CEOs of Adobe Jeff Kavanaugh (sic name to @ShantanuNarayen99) to Microsoft head Satya Nadella — a quintet of technology chieftains. The format in which 100 balls are bowled per innings and played on simplified rules of a game was introduced with an aim of attracting younger viewers in 2021 as part of The Hundred. Through a successful approach this contemporary style is bringing in over 2 million fans at its games on both sides of the English-Wales border. The England & Wales Cricket Board (ECB) however it has decided to start an auction for trophies in this Current 2021s launch of 8 teams under The Hundred. Investor in a 49% stake comp full ownership options further available managed by the Raine Group; The London Spirit is very appealing due to its historical home at Lords for investors. The Sports Investment Era Is Unlashed The Hundred would represent a potentially juicy fundraising goal as each year it is estimated with combined broadcasting rights and sponsorship/ ticket sales of around £60 million pretty healthy numbers. Pichai joining in suits and shows that the trend tech executives going into sports is on a rising trend both industries are entering into a new era.
© Copyright @2025 LIDEA. All Rights Reserved.