ECB set up to protect control over domestic TV rights in the face change agreement | Hundreds of

The UK and the Wales Cricket Board (ECB) are close to reaching an agreement with new hundred investors to keep the administrative organs for eight franchisees, which will keep the control of domestic television rights while buying all 520 million pounds for eight franchisees.

The eight -week exclusivity period, which was accepted after the hundred auction of January, was extended last month, but after all negotiations, all parties are confident that a re -prepared participation agreement will be signed until the end of this month.

Reliance Industries, which is the owner of the London Spirit (Silicon Valley Cricket Investor Investor Holdings) and the owner of the Mumbai Indians, who belong to the Ambani family, has been pushed against the competition of a new organization against the elements of a new organization.

Guardian, ECB is currently worth 220 million pounds per year and starts this summer with a new four -year agreement with a new four -year agreement with a newly worthy of all domestic TV rights worth a compromise of all domestic TV rights.

Many of the new investors described the overseas TV market as the main leverage to create growth, especially considering their expertise in that region. The London Spirit Consortium includes the chief executives of Google and Adobe, for example, the new oval owner, Reliance, is a part of a joint attempt with Disney, and the owner of the telecom company with a telecom company with Indian Premier League flow rights in India.

However, the ECB has achieved a significant win to ensure that the face was a part of the internal agreement, because it has been critical for its relationship with SKY since the first time in 2006 for home matches for home matches.

The facial owners requested the option to sell rights separately from the rest of the international and domestic criches to the tournament, but in accordance with the conditions of the participation agreement, this decision will remain with ECB. Although the ECB does not sell rights in the coming years and does not sell competition separately, hundreds will remain as part of the domestic TV tender for the 2029-2032 rights cycle.

The ECB also conquered new owners by providing more freedom to sign their sponsorship agreements. An item was abolished to the ECB that gives the right to negotiate five special sponsorship agreements as a hundred centers. Advanced voting rights will be granted to investors in the face committee.

For the ECB, the values ​​of the franchises made during the auction remain unchanged and provide an unprecedented £ 520 million pounds for sports. Of these, 52 million pounds will be invested in the entertainment cricket and the rest will be allocated to the professional game through a complex formula.

In addition to broadcasting, sponsorships and commercial regulations, the participation agreement includes facial program, game conditions and number of teams, and these elements remain unchanged.

When the next TV agreement started in 2029, the faces are expected to adopt the twenty20 format, but this problem was not brought to the agenda during the discussions of the participation agreement. By adding any changes or two more teams, possible expansion shall be determined by the facial committee.