The England and Wales Cricket Board is close to reaching an agreement with the new Hundred investors that will enable the governing body to retain control of selling domestic TV rights whilst receiving the full £520million offered for the eight franchises. The eight-week exclusivity period agreed following January’s Hundred auction was extended last month, but following further negotiations all parties are now confident that a redrafted participation agreement will be signed by the end of the month. The new part-owners of London Spirit (a consortium of technology chief executives trading under Silicon Valley Cricket Investor Holdings), and the Oval Invincibles
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