CSK rejects buying teams in The Hundred; 4 IPL teams, including Mumbai Indians, still in the running.

The history: From the race to achieve franchise in “The Hundred” competition Chennai Super Kings (CSK) Has separated itself. With this now Mumbai Indians, Sunrisers Hyderabad, Lucknow Super Giants and Delhi Capitals The franchisees like the bidding process.

CSK’s CEO statement

CSK’s CEO Kasi Vishwanathan Confirmed this decision. They said,

“We have decided to get out of the league and it has been formally given to England and Wales Cricket Board (ECB).”

Let us know that ECB will start the financial bidding process for franchises participating in “The Hundred” this week. According to the report, if an interested party is unable to buy any team, it can submit a claim for other remaining teams.

8 teams are available for sale in this league:

1. Birmingham Phoenix

2. Northern Supercharges

3. Oval Invincibles

4. Southern Brave

5. London Spirit

6. Manchester Originals

7. Trent Rockets

8. Welsh Fire

Which franchisees will bid to buy which team

Mumbai Indians (Reliance Group), Sanjeev Goenka of Lucknow Super GiantsAnd a consortium of tech entrepreneurs London Spirit and Oval Invinesals Is considered to be at the forefront of the race to buy.

Sunrisers Hyderabad (Sun Group): Northern is trying for supercharges and trent rockets.

Sanjay Govil (owner of Washington Freedom): Trent rockets and welsh are monitoring fire.

Glazer family owner of Manchester United: Included in the process of buying franchisees.

Birmingham Phoenix: Possibility of purchasing by Birmingham City (East Premier League Team).

The process of final bidding and negotiation will begin on 31 January, Friday. However, new owners will get control of franchises from 2026 season, as it will take a few months to complete paperwork and other formalities.