TheLoneRanger
Roger Freestone
"The privatisation of the Hundred has moved a step closer after the ECB achieved broad agreement with the 18 first-class counties and MCC over its proposed "direction of travel".
"This would be achieved by creating eight new companies and gifting 51% of the shares in them to the relevant host county: Surrey, for example, would be majority shareholders in Oval Invincibles. The remaining 49% of shares would be sold centrally by the ECB to interested parties."
www.espncricinfo.com
"This would be achieved by creating eight new companies and gifting 51% of the shares in them to the relevant host county: Surrey, for example, would be majority shareholders in Oval Invincibles. The remaining 49% of shares would be sold centrally by the ECB to interested parties."
ECB secures counties agreement on Hundred 'direction of travel'
Board to continue process of opening up tournament to private investment
www.espncricinfo.com
