Raine Group Partner and Head of EMEA, Jason Schretter joins the show to explain how the England & Wales Cricket Board managed the sale of stakes in the eight Hundred franchises - which drew significant investment from the United States and India.

Raine was the lead financial advisor to the ECB on the auction process, working closely with Deloitte to achieve an overall valuation of over £975 million across the eight franchises, and a £500 million windfall for the development of English cricket.

In conversation with Leaders' Content Director David Cushnan, Schretter reflects on the process from start to finish, shares the rationale for such sizeable investments, identifies some of the lessons for other sports looking for investment and offers his assessment of the sports industry's current financial literacy. 

Look out for the Leaders Week London agenda, which is out next week - check out leadersinsport.com/leadersweek