Sunrisers Hyderabad Acquires Full Ownership of Northern Superchargers in £100m Deal
The Indian Premier League franchise becomes the first to take complete control of a Hundred team as Yorkshire sells its entire stake to address financial challenges.
- Sun Group, owners of IPL team Sunrisers Hyderabad, purchased 100% of Northern Superchargers for £100 million, marking the first full acquisition of a Hundred franchise.
- Yorkshire sold its 51% stake in the Superchargers, alongside the ECB's 49% share, to alleviate debts exceeding £20 million, including £15 million owed to the Colin Graves Family Trust.
- The deal provides Yorkshire with approximately £40 million in immediate funds, with additional revenue expected from the broader Hundred sales process.
- Sun Group now controls all cricket operations for the Superchargers, including player management, marketing, branding, and ticketing, and will oversee Headingley during August competitions.
- This acquisition marks the growing influence of IPL franchises in the Hundred, with Sunrisers joining other IPL owners who have invested in teams like Oval Invincibles and Manchester Originals.