Fri Feb 07 10:40:00 UTC 2025: ## SunRisers Hyderabad Purchase Northern Superchargers for £100 Million
**London, England** – SunRisers Hyderabad (SRH), the Indian Premier League (IPL) franchise, has acquired the Northern Superchargers franchise in The Hundred for a staggering £100 million. This marks the sixth Hundred franchise sold by the England and Wales Cricket Board (ECB) and the third IPL team to join the 100-ball competition, following Mumbai Indians and Lucknow SuperGiants.
SRH, managed by the Chennai-based Sun Group, secured the Yorkshire-based Superchargers after a competitive bidding process. The team, known for its hands-off approach to team management, is currently led by Pat Cummins in the IPL and boasts a strong track record, having finished runners-up in the IPL last year and being two-time defending champions in the SA20. The acquisition represents a full takeover of the Superchargers franchise.
In related news, Warwickshire County Cricket Club announced that Knighthead Capital Management LLC, owners of Birmingham City Football Club, has been selected as the preferred investor to acquire a 49% minority stake in the Birmingham Phoenix franchise for a valuation of £82 million. Knighthead’s investment reflects its continued expansion in Birmingham’s sports sector. The deal is subject to completion.
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