T he Todd Boehly-backed Cain International have succeeded in securing a stake in Hundred side Trent Rockets. The group, led by Chelsea director Jonathan Goldstein and backed by th

Chelsea owner Todd Boehly has agreed to buy a 49% share in Hundred franchise Trent Rockets. Cain International, founded by American Boehly and British businessman Jonathan Goldstein, will pay just under £40m for the stake in the Rockets, valuing the entire franchise at £79m.

Exclusive: Nottinghamshire will retain controlling stake as Trent Bridge side becomes seventh franchise to sell in auction process

Chelsea owner Todd Boehly is expanding his portfolio after agreeing to buy a significant stake in the Trent Rockets franchise having failed with a previous bid to buy two London-based teams