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Post by man in the stand on Oct 11, 2024 18:52:08 GMT
I zoomed into the webinar last Wednesday which was solely about the Hundred. Present were Sheridan, Gidley and a lady from the MRG. Various questions from members were asked. Lancs would ideally like the purchaser of the 49% to be a sporting organisation not necessarily one currently involved in cricket. They should share LCCC values and have a track record in building a worldwide fan base. LCCC would also expect the partner to be prepared to invest further. As mentioned in a previous meeting the 100 isn’t making a profit now but LCCC seem to be convinced that this will change when the TV deal is renegotiated in 2008. Manchester Originals will continue to stand alone but LCCC will own 51%.. ECB and LCCC will need to agree who purchases the 49%. LCCC sees the benefits in more capital investment. They might use their share to reduce debt. A sporting partner should help to grow the game. No intention to have a member rep on the board of the Originals. There should be controls regarding any sale on by the 49% owner.
LCCC are putting a lot of effort into this with yet another members only Hundred meeting to be held on the 25th of November. This will be a question Time style meeting with a panel including Vik Banerjee – Director of Business Operations, ECB and Lead in the Hundred Investment process, Timothy Bridge – Lead Partner for the Deloitte Sport Business Group and Hundred Investment advisers to the ECB..
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Post by alanw on Oct 12, 2024 10:26:41 GMT
I also listened into the Webinar. Here are a few of the comments which stood out to me.
Gidney said he wanted a “holistic relationship” with the partner. Which he described as Manchester Originals sharing things like training facilities, physio, etc with Lancashire. He also suggested it would be possible to sign players on a joint contract which he said could involve playing the Hundred for MO, T20 Blast and a couple of championship games for Lancashire.
When asked how he could support the Hundred when it was having a damaging effect on county cricket (marginalising the ODC, competing with the blast and pushing the championship games away to the start and end of the season), his reply was that the Hundred meant that the top players were playing in the UK during our season and without the Hundred they would be playing in other franchise tournaments such as Major League.
At the Hundred meeting held during the Somerset game Gidney had said that the MO would make a loss until 2029 when a new broadcast deal was in place. When asked in the webinar what the expected losses of the MO were going to be over the next few years he stated that the MO were not going to make a loss.
When asked why the broadcast deals which are scheduled to be negotiated in 2028 would be significantly better that the current ones, Gidney stated that there would be more of the top players playing in the Hundred by then so it would be a more attractive product.
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Post by sillypoint on Oct 13, 2024 10:00:21 GMT
The Hundred is only rated about the sixth franchise league around the world, and could not attract the best overseas mens players this year. It will only attract those players if it significantly improves the top players salaries.
In order to achieve that, it will need to attract significant investment, which will only happen if it's converted to T20, at which point it will no longer be the Hundred.
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Post by man in the stand on Oct 13, 2024 13:23:50 GMT
The figures for the 2023 season for the MO have now been published and these show a small increase in turnover of 4% to £2,044,639 and a similar increase in costs.
MO revenue is generated from charging a service fee on top of the total operational costs to the ECB. What is I believe is called a cost+plus contract...under this arrangement the MO will be profitable for every year as the ECB is guaranteed to re-imburse MO for their costs with an additional amount on top.
As I see it only an Indian IPL partner can make this work.
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Post by John W on Oct 13, 2024 15:04:18 GMT
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Post by Phil on Oct 15, 2024 14:20:26 GMT
Is that 49% or the whole lot? |
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Post by lancsdes on Oct 15, 2024 18:08:59 GMT
Don’t know where it was that I saw this ( maybe even here) but I heard that viewing figures for the abomination were down a third this year on both satellite and terrestrial.
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Post by alanw on Oct 16, 2024 13:30:26 GMT
Don’t know where it was that I saw this ( maybe even here) but I heard that viewing figures for the abomination were down a third this year on both satellite and terrestrial. From what I have read and heard the financial viability of the Hundred seems to rest on a better broadcast deal being negotiated in 2028. This does not seem likely with the current format of the tournament. |
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Post by John W on Oct 16, 2024 18:00:39 GMT
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Post by John W on Oct 19, 2024 11:22:05 GMT
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Post by man in the stand on Oct 19, 2024 13:25:20 GMT
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Post by man in the stand on Oct 19, 2024 13:35:42 GMT
Don’t know where it was that I saw this ( maybe even here) but I heard that viewing figures for the abomination were down a third this year on both satellite and terrestrial. Possibly here - Has-the-novelty-of-the-hundred-worn-off
I quote "The 2024 summer has been a busy one for sport...notably...the Paris Olympic Games. Consequently, the tournament’s viewership was down compared to 2023.
TV viewing figures for the Hundred dropped by more than a quarter this summer. The men’s competition fell by 28% on Sky and 25% on the BBC, whilst the women’s competition dropped by 41% on Sky but roughly stayed the same on the BBC."However "....the final week of the Hundred did not clash with the Olympics....Audiences for the men’s final were up 36% on the BBC.....and Sky figures were up 6% on last year. However, the average audience for the women’s final was down 10% on Sky and 20% on the BBC. ............there were record crowds for matches at seven of the eight grounds used."
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Post by John W on Oct 19, 2024 15:08:27 GMT
You've lost me here???
At a forum earlier this year our CEO Mr Daniel Gidney called some of the (so called) smaller counties "heroin addicts". |
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Post by alanw on Oct 20, 2024 9:15:09 GMT
I don't disagree with what he is saying. One of my concerns with the sale of the Hundred is that the eight host counties are getting a better deal both financially and more of a say in how the domestic game is structured. This benefits Lancashire in the short term but I think will be at the detriment of our domestic game.
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