Chelsea owner Todd Boehly has agreed to buy a 49% share in Hundred franchise Trent Rockets. Cain International, founded by American Boehly and British businessman Jonathan Goldstein, will pay just under £40m for the stake in the Rockets, valuing the entire franchise at £79m.

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 million pounds ($50 million) for 49% of Trent Rockets,

Trent Rockets the seventh Hundred team to be sold as Chelsea co-owner Todd Boehly pays close to £40m for 49 per cent stake; Boehly had been interested in buying Lords-based London Spirit but was outbid by tech consortium;

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

Chelsea co-owner Todd Boehly has agreed to buy a 49 per cent stake in Hundred franchise Trent Rockets, becoming the latest foreign investor in the 100-ball-a-side cricket competition.

Todd Boehly's Cain International group agreed to pay nearly £40m ($50m) for their stake as the Rockets, who are based at Nottinghamshire's Trent Bridge ground, became the 7th of the 8 teams to go to a

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).

Exclusive: Nottinghamshire will retain controlling stake as Trent Bridge side become seventh franchise to be sold in auction process