Lancashire have secured the IPL partner they wanted to run Manchester Originals as a joint venture, with Sanjiv Goenka's RPSG Group submitting the highest bid for a stake in the Hundred franchise on Monday.

Sanjiv Goenka already owns the Lucknow Super Giants franchise in the IPL and Durban Super Giants in SA20 league.

Last week, another Indian company, Mukesh Ambani’s Reliance Industries Limited, had bought stake in Oval Invincibles.

Sanjiv Goenka, the Kolkata-based business tycoon and owner of Lucknow Super Giants and Durban Super Giants, has acquired the Manchester Originals franchise in The Hundred tournament. As per Cricbuzz, the deal was finalized at a price just over £100 million, £107 million to be precise.

The RPSG Group, the parent company of the Lucknow Super Giants, participated in a three-hour auction for a stake in London Spirit but ultimately lost. The auction concluded with a Silicon Valley tech firm securing the stake,

As per reports, Sanjiv Goenka, the owner of Lucknow Super Giants, has acquired Manchester Originals in The Hundred.

The RPSG Group, which owns the Lucknow Super Giants, were the losing bidders in a three-hour auction for a stake in London Spirit on Friday, which was won by a Silicon Valley tech company valuing the team at a whopping £295 million.

Sanjiv Goenka's RPSG Group submitted the highest bid for a stake in the Hundred franchise on Monday, February 3. RPSG Group, which owns the IPL franchise Lucknow Super Giants, was

Sanjiv Goenka's RPSG Group, the owners of Indian Premier League side Lucknow Super Giants, on Monday won the race to partner Lancashire to run The Hundred franchise, Manchester Originals.RPSG Group came up with the highest bid to secure a 49 per cent stake in the franchise,