MCC members vote to accept 51% share in The Hundred’s London Spirit

:Marylebone Cricket Club (MCC) members have voted in favour of accepting a 51 per cent share in The Hundred franchise London Spirit.
The resolution had 4,897 votes in favour from 6,037 cast at a special general meeting of the MCC, which is the proprietor of Lord’s cricket ground where London Spirit are based.
The MCC can exercise a right of veto regarding an investment partner if necessary, the resolution said.
The club’s future involvement in the London Spirit franchise will be delegated to a steering group, the MCC said in a statement on Tuesday.
The franchises in the 100-ball format competition have seen significant interest for investment, with the England and Wales Cricket Board set to sell stakes in some of its eight teams over the next year.
ECB Chief Executive Richard Gould said earlier this month that the governing body had been negotiating with about 100 interested parties who want to acquire stakes in franchises.