Marylebone Cricket Membership members have voted to simply accept a 51% share in London Spirit earlier than the forthcoming sale of franchises in The Hundred.
The vote got here after a Particular Basic Assembly convened by the MCC, who’re the homeowners of Lord’s, with 81.12% of the 6,037 legitimate votes forged in favour of taking a controlling stake in Spirit.
The England and Wales Cricket Board (ECB) has already begun the method of promoting stakes within the eight franchises within the match.
As a part of the method the eight hosts of The Hundred groups have a 51% stake, which they’ll promote or preserve, with the remaining 49% in every group bought by the ECB.
An MCC spokesperson informed BBC Sport that the membership’s Hundred steering group will “proceed to work with the ECB over the gross sales course of progress” on behalf of their committee.
They added that the MCC has the ability to “train the membership’s proper of veto relating to an funding companion” if required.
The ECB appointed the Raine Group and Deloitte to advise on the gross sales of The Hundred franchises earlier this yr.
Cash raised from promoting the 49% stakes in every group can be distributed between the 18 first-class counties, the MCC and the leisure recreation.