Mark Nicholas, the former Hampshire captain and current MCC president, has stepped down as chair of Southern Brave's board. This decision aligns with his impending role as MCC chair, which coincides with the potential for MCC to become majority owners of London Spirit.
Nicholas's departure from Southern Brave, a joint venture between Hampshire and Sussex, stems from his increasing involvement with MCC. He has been instrumental in communicating with MCC members regarding the proposed changes to the ownership structure of Hundred teams. The ECB plans to grant 51% stakes to team hosts, with MCC poised to acquire a significant share in London Spirit.
MCC has been exploring the possibility of owning a stake in London Spirit since late last year. Nicholas has expressed his support for this move, envisioning MCC as the unifying force behind a single team. The global prominence of Lord's, MCC's home ground, makes London Spirit a highly lucrative investment.
If MCC acquires a majority stake in London Spirit, the potential windfall could be used to enhance the MCC Foundation, invest in the club's museum, and upgrade facilities at Lord's. Recently, MCC received approval for a £61.8 million redevelopment of the Allen and Tavern Stands.
Nicholas's resignation from Southern Brave's board is a testament to his growing responsibilities at MCC. As he prepares to assume the role of chair in October, he will play a pivotal role in shaping the future of MCC and its potential involvement in the Hundred.
Tags: #MarkNicholas, #MCC, #SouthernBrave, #LondonSpirit, #Hundred
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