The Mumbai Indians (MI) have found their way through to The Hundred, England’s 100-ball competition. On Monday, February 10, the owners of MI, Reliance Industries Limited (RIL), through its subsidiary, RISE Worldwide, partnered with Surrey County Cricket Club (SCCC) for the Oval Invincibles, a London-based club. Surrey, in the meantime, retained 51 percent of its…
The ownership structure will have Reliance holding a 49 percent share, while Surrey will maintain a controlling 51 percent stake in Oval Invincibles. (Photo credit: X) NEW DELHI: The Surrey County Cricket Club on Monday announced their new partnership with Reliance Industries Limited (RIL), the owners of Mumbai Indians, where the two will jointly own…
NEW DELHI: Reliance Industries Limited (RIL), owners of the global Mumbai Indians franchise, have secured ownership of the Oval Invincibles franchise in The Hundred. According to Cricbuzz, they won the bid with a staggering £123 million offer, significantly exceeding expectations.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!Sources indicate that the team’s enterprise value…