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).

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

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.

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

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.