Todd Boehly, owner of Chelsea FC, has invested close to £40 million in Trent Rockets, acquiring a 49% stake in the team. This investment is part of a broader strategy to diversify his sports investment portfolio in the UK, which previously included only football. Trent Rockets is one of the teams participating in The Hundred, a new format of short-form cricket introduced in England. The Nottinghamshire CCC will maintain a controlling 51% stake in the team, valuing the franchise at £79 million. Boehly's recent interests underscore a significant growth in his sports ventures beyond soccer.
Chelsea owner Todd Boehly has committed nearly £40 million for a 49% stake in Trent Rockets, marking his foray into expanding UK sports investments.
The investment in Trent Rockets, valued at £79 million, signifies Boehly's growing portfolio in sports beyond soccer and his ambition in cricket.
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