Reliance to personal 49% stake of Oval Invincibles in The Hundred | – The Instances of India

NEW DELHI: The Surrey County Cricket Membership on Monday introduced their new partnership with Reliance Industries Restricted (RIL), the house owners of Mumbai Indians, the place the 2 will collectively personal Oval Invincibles franchise in The Hundred.
RIL, by way of its subsidiary RISE Worldwide, will workforce up with Surrey Cricket and their partnership will take impact when the workforce’s possession transfers from ECB to the County Membership in late 2025.
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The possession construction may have Reliance holding a 49 p.c share, whereas Surrey will preserve a controlling 51 p.c stake within the franchise.
“Welcoming Oval Invincibles into our Mumbai Indians household is a proud and particular second. With this partnership, we increase our MI fan base throughout India, New York, the UAE, South Africa, and now England – ushering in a brand new chapter of our world cricketing journey,” Nita Ambani, proprietor of Mumbai Indians, stated in a press release launched by Surrey.
Surrey purpose to leverage Mumbai Indians’ experience and profitable monitor report, following their current league victory in South Africa.
The Oval Invincibles has dominated The Hundred since its inception, securing 4 titles in 4 years. The ladies’s workforce claimed victories within the first two seasons, with the boys’s workforce successful in 2023 and 2024.
“They share our ardour for cricket, they personal the largest and most profitable workforce within the IPL, the Mumbai Indians, and we imagine this partnership will carry continued success to each Surrey CCC and our Hundred workforce,” Chair of Surrey CCC Oli Slipper stated.
MI carry substantial expertise in cricket workforce administration and participant improvement. They at present function 5 T20 groups throughout three continents and 4 international locations.
The partnership will increase their presence to seven groups spanning 4 continents and 5 international locations.
Over their 17-year historical past, MI have collected 11 league titles worldwide. These embody 5 IPL championships, two Champions League victories, and up to date wins within the WPL and Main League Cricket in 2023, ILT20 in 2024, and SA20 in 2025.

Every workforce below the MI banner has now secured a minimum of one championship title.