Cain International ("Cain") and Ares Management Credit funds ("Ares") have together entered exclusivity to acquire a significant stake in The Hundred

Cain International ("Cain") and Ares Management Credit funds ("Ares") have together entered exclusivity to acquire a significant stake in The Hundred franchise, Trent Rockets. Following a competitive bidding process,

The Todd Boehly-backed Cain International have succeeded in securing a stake in Hundred side Trent Rockets. The group, led by Chelsea director Jonathan Goldstein and the football club's joint-owner Boehly,

Chelsea part-owner Todd Boehly is looking to buy a slice of another English sports team — this time in cricket. Cain International, a company co-funded by the American businessman, is paying 40

Todd Boehly, the chairman and co-owner of Chelsea, has bought a 49 per cent stake in The Hundred franchise Trent Rockets. The investment values Nottingham-based Rockets — which encompass the English county clubs of Nottinghamshire, Derbyshire and Leicestershire — at around £79million ($97.73m).

Chelsea co-owner Todd Boehly’s Cain International group and fellow investors Ares Management Credit are an “ideal fit” for Trent Rockets, according to Nottinghamshire chair Andy Hunt. Rockets, who are based at Nottinghamshire’s Trent Bridge,

Boehly’s latest acquisition builds on his already vast sporting portfolio, which includes Chelsea FC, French club RC Strasbourg, and the LA Dodgers baseball team

Cain International (“Cain”) and Ares Management Credit funds (“Ares”) have together entered exclusivity to acquire a significant stake in Trent Rockets alongside Nottinghamshire County Cricket Club when ownership transfers to the club later this year.