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,

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 co-owner Todd Boehly has agreed to buy a 49 percent stake in Hundred franchise Trent Rockets, becoming the latest foreign investor in the 100-ball-a-side cricket competition.Boehly's Cain International group agreed to pay nearly £40 million ($50 million) for their stake as the Rockets,