Deals for six Hundred franchises completed with £520m windfall expected

The English Cricket Board (ECB) has announced that deals for six out of the eight Hundred franchises have been completed, with a total windfall of £520 million expected once the paperwork for the final two teams is finalized. The sales process, which valued the teams at a combined £975 million, was completed in February, and the ECB has been working to formalize the sales over the last five months. The proceeds from the franchise sales will be shared between the counties and grassroots cricket.
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