Todd Boehly’s Cain International has successfully bid just under £40m for a 49% stake in Trent Rockets, adding the Chelsea co-owner to the list of investors as part of the sale of Hundred franchises.
The Nottinghamshire-based team earned a full valuation of £79m by the real estate investment firm, co‑founded by Boehly and run by Jonathan Goldstein, a director at Chelsea.