Lalit Modi Criticizes ECB's Financial Projections for 'The Hundred'

Modi calls ECB's valuation of The Hundred franchises unrealistic, likening it to a 'Ponzi scheme'.

Lalit Modi has accused the ECB of presenting misleading financial projections to attract investors to The Hundred.
Modi specifically criticized the ECB's optimistic forecasts for international TV rights and sponsorship growth.
The ECB's projections include a significant rise in domestic and international TV rights revenue by 2030.
ECB Chief Richard Gould defended the projections, citing high levels of interest and potential benefits for English cricket.
The sale of The Hundred franchises is part of a broader privatization effort by the ECB, aiming to bolster the county game.