Chelsea co-owner Todd Boehly has bought a minority stake in the Nottingham-based Hundred franchise Trent Rockets for almost £40 million.

The Raine Group, advised by Deloitte, has conducted the auction. Raine was involved in the sale of Chelsea to Boehly and his business partners, including Behdad Eghbali, in 2022 and facilitated INEOS's acquisition of a 25 per cent stake in United in late 2024.

Todd Boehly, the chairman and co-owner of Chelsea, has bought a 49 per cent stake in The Hundred franchise Trent Rockets. The investment values Nottingham-based Rockets — which encompass the English county clubs of Nottinghamshire, Derbyshire and Leicestershire — at around £79million ($97.73m).

Trent Rockets the seventh Hundred team to be sold as Chelsea co-owner Todd Boehly pays close to £40m for 49 per cent stake; Boehly had been interested in buying Lords-based London Spirit but was outbid by tech consortium;