Both Yorkshire and Sun Group have to finalise the agreement within eight weeks of the end of the Hundred sale. The bid figure has yet to be disclosed. The Superchargers will be th

Mumbai Indians had bought 49 per cent shares of Oval Invincibles, while Lucknow Super Giants purchased a similar stake in the Manchester Originals

The Sun Group became the third IPL franchise to own stakes in a team in The Hundred but it is different from Mumbai Indians and Lucknow Super Giants' deals.

Owners of Sunrisers Hyderabad Indian Premier League (IPL) team have purchased 100 per cent of Northern Superchargers in the Hundred. It is the latest sale in a series of eight auctions in which the England and Wales Cricket Board are flogging off 49 per cent of each team.

IN a nutshell, the sale of the Northern Superchargers franchise in The Hundred means that Yorkshire CCC can clear its debts.

The Sun Group has acquired full ownership of the Northern Superchargers by buying both the England and Wales Cricket Board's (ECB) 49% stake and Yorkshire's 51% share. The Superchargers, who were bought for £100 million, become the first side to be sold outright in The Hundred.

Sunrisers Hyderabad have acquired the Northern Superchagers for GBP 100 million, becoming the third IPL franchise to own a team in the Hundred. Mumbai Indians had bought 49 per cent shares of Oval Invincibles, while Lucknow Super Giants purchased a similar stake in the Manchester Originals for an estimated GBP 107 million.

India’s Sun Group has become the first organization to buy 100% of a team from English cricket’s short-format Hundred competition, taking a full stake - for just over £100 million ($124.2 million) - in the Northern Superchargers franchise.