This might seem like history repeating itself at the Home of Cricket.
A big announcement of a windfall to revitalise the sport in England.
It was 17 years ago that Allen Stanford landed at Lord’s on a helicopter accompanied by a treasure chest of dollar bills.
Image: Allen Stanford landed at Lord’s cricket ground in his helicopter in June 2008. Pic: Reuters
They turned out to be fake and the tycoon was exposed as a fraudster and jailed.
The American was promising lucrative Twenty20 competitions – the shorter format designed to attract new audiences.
But India created a more dynamic and lucrative competition from the English invention.
So the England and Wales Cricket Board tried again with even shorter matches – each team simply batting for 100 balls.
And four years after the launch of The Hundred, the eight teams have been valued at £975m after an ECB auction.
Not bad for a competition only played for one month every year.
And the array of tech investors and Indian Premier League owners buying into The Hundred don’t even own the venues.
Image: Players walk on to the pitch ahead of last August’s Hundred final at Lord’s. Pic: Action Images via Reuters/Matthew Childs
Lifeblood of domestic cricket
These are the grounds home to counties that have been the lifeblood of domestic cricket since 1890.
But this is now the era of franchise cricket where owners are building a network of clubs that could see the best players sent around the world to star in shorter competitions.
It is a revolution resisted by some traditionalists seeing the erosion of longer forms of the sport, up to five-day international tests.
But this is all about trying to attract new, younger audiences – and lure them from the most popular sport.
Image: The England and Wales Cricket Board chief executive Richard Gould
‘More accessible and more fun’
“Over the last five to 10 years, cricket has grown and the variety of formats that we’ve got just makes it more accessible, more fun and creates more positive noise,” ECB chief executive Richard Gould told Sky News.
“I think it’s time for us to muscle in on football. And I think that’s one of our ambitions.
“When you look at the share of either broadcast revenue or attendees, we want to increase our market share. So certainly we’ve got football in our in our sights.”
Football investors banking on cricket success
Football wants a part too, banking on a boom.
Chelsea’s American co-owner Todd Boehly is part of the group paying £40m for 49% of the Trent Rockets.
The same deal was secured for Birmingham Phoenix by the Birmingham FC ownership, Knighthead Capital Management, which features NFL legend Tom Brady.
Image: The winners of the men’s and women’s Hundred finals last August. Pic: Action Images via Reuters/Matthew Childs
Four of the investors also own teams in the Indian Premier League T20 competition including India’s richest family the Ambani’s who are paying £60m for 49% of the Oval Invincibles.
And Silicon Valley wants in with the CEOs of Google and Microsoft among a consortium of tech billionaires paying the most for a team – £145m for almost half of the London Spirit.
It’s a premium to play at Lord’s, the most iconic of venues.
Can The Hundred replicate ‘exciting’ IPL franchise?
Nikesh Arora, chief executive of cyber security firm Palo Alto, told Sky Sports: “IPL has turned out into an amazing franchise because at the end you’ve got to the heartstrings of people and you built a product that they’re really excited about.
“And the question is, can we replicate that collectively in the UK? Because that’s the home of cricket.
“This is the current sort of genre of cricket which is popular, so we like that idea. We like the idea that this is in a country where there’s a natural demand for cricket and aspiration for cricket.”
And this time the ECB insists there has been full due diligence of the investors – seeing the franchises’ sell-off as a golden opportunity to safeguard the future of cricket.
The windfall will be split between the 18 county teams and the Marylebone Cricket Club, which owns Lord’s and is seen as the guardians of the laws of the sport.
Grassroots to benefit
There’s also set to be £50m for the grassroots game.
But will the jackpot be justified when The Hundred’s men’s and women’s teams only play a month a year?
And if it does boom – will the price be international tests and the domestic country competitions fading?
“It is certainly a really important opportunity for us in history, I think will judge how important it ranks,” Mr Gould said.
“But we know that we’ve got a lot of hard work ahead of us, a lot of exciting work.
“We’ve got eight new investors coming into the gate and we want to make sure that we can match and exceed their own ambitions.”
On a bright but chilly February morning, around a dozen volunteers gather by the beachfront at Minster, on the Isle of Sheppey in Kent.
In bobble hats and walking boots, they carry blue plastic bags and litter pickers.
They wander slowly past the dog walkers and brightly painted beach huts, combing the pebbles for waste. But the rubbish they’re looking for isn’t normal litter; it’s builders’ rubble and shredded household waste.
It was dumped en masse by the lorry load, at an illegal dump site further up the coast by Eastchurch Gap, between 2020 and 2023.
“It’s lots of guttering that washes up, whole pipes, tiny rawlplugs, decorators’ caulk, bits of plastic and cable ties – it’s disgusting,” says Chris, as he pulls out items from his bin bag – filled in just 20 minutes.
Image: Much of the rubbish is builders’ waste
Image: Locals says the dumping should have been clamped down on far quicker
Belinda Lamb, who organises the clean-ups, describes seeing “shredded Christmas trees, bits of carpet, even the spongy material from playgrounds”.
“It’s really sad,” she says. “It’s having a huge impact on marine life – and probably our lives – because if fish are eating this plastic, then so are we.”
Image: Belinda Lamb says it’s ‘really sad’ and is affecting the sealife
They tell me that five years ago, lorries started turning up to tip waste over the cliffs at an illegal dump site a few miles away at Eastchurch Gap.
Day after day the vehicles arrived, leaving behind mounds of rotting rubbish and plastic that fills the shoreline, gets picked up by the sea and flung out by the waves further down the beach.
Locals are angry, and feel let down. Volunteers repeat their clean-up work monthly – but the sea keeps washing it in. They fear the area, a site of scientific special interest, will be like this for decades.
Image: The area around Eastchurch Gap is a site of scientific special interest
“It should have been stopped immediately,” Elliott Jayes, the chair of Minster on Sea Parish Council, says.
“The Environment Agency should have been able to slap a stop notice on it, and it should then immediately stop and prosecutions start straight away.”
Investigations are ongoing at the site. In 2023, magistrates first granted the Environment Agency a six-month restriction order to close it down, which has since been extended.
The gate has been locked ever since, with concrete blocks installed to stop vehicles.
‘The new narcotics’
We don’t know who’s behind the Eastchurch Gap site, nor why they dumped the rubbish, but illegal tips are a huge problem across the country and one that’s increasingly being exploited by criminal gangs.
“What we’re seeing is actually more and more evidence of really serious organised criminal gangs operating in the waste sector, because it’s such a low risk, high reward activity,” explains Sam Corp from the Environmental Services Association.
Image: Lorries chucked illegal waste over Eastchurch Gap for years
It’s something the previous head of the Environment Agency called “the new narcotics”, and Sam says waste criminals can be involved in multiple offences, from money laundering to human trafficking.
It’s thought one-fifth of all waste in England is being illegally managed. That’s around 34 million tonnes a year, enough to fill about four million skips.
It’s understood to cost the economy around a billion pounds a year, with a further £3bn thought to hit legitimate operators from missed business.
Forms of waste crime include fly-tipping to avoid paying tax or high processing costs, as well as illegal fires and exporting waste to other countries with looser regulations.
But criminal gangs are also a sizable part of the problem.
Image: Gangs can get a waste licence for a few hundred pounds, says Mr Hayward-Higham
Chief innovation and technical development officer for Suez, Stuart Hayward-Higham, explains how the gangs operate.
“Imagine you’re a business, so I come along and I say, ‘I’ll pick up your waste and deal with it’.
“You pay me as though I’m going to treat it properly. So maybe £50 to collect it, manage it, and £100 to treat it. I pick it up and instead of spending the money to treat it, or recycle it, I just throw it on the ground somewhere.
“Then I keep all the profit.”
He says criminals can set themselves up with a licence to manage waste for as little as £154, making hundreds of thousands – even millions of pounds – in this manner.
‘Low fines not a deterrent’
Despite the scale of the issue, Sam Corp doesn’t believe the authorities have enough resources.
“A £1bn problem merits a lot more than the £10m that the Environment Agency gets to tackle this issue every year,” he says.
Image: Illegal tippers see fines ‘as a legitimate business expense’
“We need regulations to be much tougher and stronger and more strongly enforced. And even if you do get caught, the penalties are far too low and they’re not enough of a deterrent.”
He says the criminals “see fines as a legitimate business expense”.
Of the 1,453 illegal dump sites recorded by the Environment Agency in the last decade, just 64 led to some form of enforcement.
Thirteen were prosecutions, 14 saw warning letters sent and 26 were logged as leading to “advice and guidance”.
Some 319 of the sites were thought to be linked to organised crime, 130 were hazardous waste, and 261 were in rivers.
A “US security guarantee” is the only path to peace in Ukraine, Sir Keir Starmer has said.
Speaking in Paris after an emergency summit with European leaders, the prime minister said a “US backstop” is the “only way to effectively deter Russia from attacking Ukraine again”.
And he said the future of Ukraine is not the only thing at stake.
Image: European leaders at the security summit in Paris. Pic: Number 10/Flickr
“It is an existential question for Europe as a whole, and therefore vital for Britain’s national interests,” he added.
“This is a once in a generation moment for the collective security of our continent.”
It is a “new era”, he said, in which nations cannot “cling hopelessly to the comforts of the past”.
Any peace deal for Ukraine must “safeguard its sovereignty” and deter Russian leader Vladimir Putin from engaging in “further aggression in the future”, Sir Keir added.
Image: Sir Keir Starmer and Emmanuel Macron in Paris: Pic: Number 10/Flickr
The prime minister joined the leaders of France, Germany, Italy, Poland, Spain, the Netherlands, Denmark and the European Union at the Elysee Palace in Paris, alongside NATO secretary general Mark Rutte.
The meeting was called by French President Emmanuel Macron after Donald Trump shocked continental leaders by arranging bilateral talks between the US and Russia – excluding Europe and Ukraine.
The talks are set to begin in Saudi Arabia on Tuesday.
Sir Keir however insisted that “Europe must play its role”, adding: “I’m prepared to consider committing British forces on the ground alongside others if there is a lasting peace agreement.
“So I will go to Washington next week to meet President Trump and discuss what we see as the key elements of a lasting peace.”
It is “clear the US is not going to leave NATO”, Sir Keir said.
He added: “But we Europeans will have to do more. The issue of burden sharing is not new, but it is now pressing and Europeans will have to step up, both in terms of spending and the capabilities that we provide.
“I spoke to President Zelenskyy on Friday. I will do so again in the coming days. And we envisage further [engagement] with European colleagues when I return from the US.”
Britain will “take a leading responsibility, as we always have”, the prime minister said, adding that “democracy must prevail”.
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Mr Trump stunned Ukraine and Europe last week when he announced he had called Mr Putin to discuss ending the war, without consulting them.
Leaders have been left scrambling to confront a new future in which they have less US protection and support and must do more to ensure the security of their own continent.
Asked by Sky News’s Europe correspondent, Adam Parsons, whether the US has undermined the UK, Europe and Ukraine by unilaterally starting talks with Russia, Sir Keir said the US wanted “lasting peace”, as did Ukraine, before reiterating his point about a “US backstop” being necessary to support any security guarantees.
‘Completely premature’
However, despite three hours of emergency talks, European leaders left the meeting without a common view on possible peacekeeping troops in Ukraine.
German Chancellor Olaf Scholz described the idea of deploying European peacekeepers as “completely premature” and said it was “completely the wrong time to have this discussion”.
He added that people were “talking over Ukraine’s head” and said he would be minded to support increased defence spending only if that was what European states wanted.
Similarly, Denmark’s Mette Frederiksen said their country was “open to discussing many things” but they stressed they were still very far off deploying their own soldiers to Ukraine.