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 part-owner Todd Boehly is looking to buy a slice of another English sports team — this time in cricket.

Chelsea co-owner Todd Boehly has just bought a stake in cricket franchise Trent Rockets for close to £40m, the Telegraph are reporting today.The American businessman’s company Cain International

Each bid now enters an exclusivity process and if concluded will result in £520m of investment filtering into leagues governed by the ECB.

Chelsea owner Todd Boehly is the founding partner of Cain International alongside Jonathan Goldstein, also part of the club's BlueCo ownership group.

Chelsea owner Todd Boehly is expanding his portfolio after agreeing to buy a significant stake in the Trent Rockets franchise having failed with a previous bid to buy two London-based teams

Chelsea co-owner Todd Boehly has bought a minority stake in the Nottingham-based Hundred franchise Trent Rockets for almost £40 million.

CHELSEA owner Todd Boehly has plunged into cricket by paying £40million for a 49 per cent stake in Trent Rockets. The team competes in The Hundred, which is a short-form 100-ball event that