Cain International, backed by Todd Boehly and led by Chelsea director Jonathan Goldstein, has secured a 49% stake in Trent Rockets, valuing the entire team at approximately £80 million. This move expands Boehly's diverse sports portfolio, which includes ownership stakes in Chelsea, Strasbourg, and the LA Dodgers. Before this successful bid, Cain International pulled out of competing for London Spirit, which was ultimately purchased by another consortium for £295 million. The deal allows Nottinghamshire to maintain a controlling 51% stake in Rockets, strengthening their financial and competitive position in the cricket landscape.
Boehly's Cain International successfully acquired a 49% stake in Trent Rockets, valuing the team at around £80 million, enhancing his growing sports portfolio.
The investment marks a significant move for Boehly as he strengthens his presence in sports, following previous purchases including Chelsea and the LA Dodgers.
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