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).

Chelsea part-owner Todd Boehly is looking to buy a slice of another English sports team — this time in cricket.

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 the football

Exclusive: Nottinghamshire will retain controlling stake as Trent Bridge side become seventh franchise to be sold in auction process

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.

Kolkata Knight Riders' (KKR) ownership group have been beaten to a stake in The Hundred franchise Trent Rockets by Chelsea co-owner Todd Boehly.

Besides Chelsea and Kolkata Knight Riders, Indian investor Amit Jain, working in conjunction with Royal Challengers Bengaluru, was also bidding to acquire a 49 per cent stake in the Nottingham-based Trent Rockets.

Chelsea co-owner Todd Boehly has agreed to buy a 49 percent stake in Hundred franchise Trent Rockets, becoming the latest foreign investor in the 100-ball-a-side cricket competition. Boehly's Cain International group agreed to pay nearly £40 million ($50 million) for their stake as the Rockets,

Chelsea co-owner Todd Boehly has paid almost £40m for a 49 per cent stake in Hundred franchise Trent Rockets. Rockets are the seventh team in the England and Wales Cricket Board's 100-ball competition to be sold, with only Southern Brave left to be purchased.