By BasisPoint Insight
July 22, 2025 at 8:22 AM IST
Sun TV Network Ltd’s board has approved the acquisition of a 100% stake in UK-based cricket franchise Northern Superchargers Ltd. for £100.5 million, the company said in a filing on Friday. The all-cash deal is expected to close by December.
Northern Superchargers is one of eight teams in The Hundred, a limited-overs league run by the England and Wales Cricket Board. The franchise posted a turnover of £1.9 million in 2024.
Sun TV already owns two cricket teams—Sunrisers Hyderabad in the Indian Premier League and Sunrisers Eastern Cape in South Africa’s SA20 League. The company said the acquisition is part of its push to expand its global sports footprint through investment in short-format cricket.