Chelsea Owner Todd Boehly Beats Shah Rukh Khan's KKR For Rs 420 Crore-Stake In This Franchise
Kolkata Knight Riders (KKR) have reportedly been beaten to the acquisition of a team in England's The Hundred franchise league by Chelsea Football Club co-owner Todd Boehly. Real estate firm Cain International - which was co-founded by Boehly and Chelsea director Jonathan Goldstein - have acquired a 49 per cent stake of The Hundred side Trent Rockets. As per a report, Trent Rockets was acquired by Boehly and co. for a fee of around 39 million Great British Pounds (approx. Rs 420 crore). A Cricbuzz report added that the franchise's valuation was GBP 79 million. The report also states that Indian investor Amit Jain was in the running in conjunction with Indian Premier League (IPL) franchise Royal Challengers Bengaluru (RCB).
