Mumbai Indians Oval Invincibles The Hundred League: England’s The Hundred League has remained in the headlines due to the sale of teams. Now a new report has revealed that Mumbai Indians Franchise has purchased 49 percent stake in The Hundred’s Oval Invinces. The Oval Invisables is the defending champion of this league and has lifted the title of ‘The Hundred’ 2 times. Reliance Industries has won this team by defeating a company named CVC Capital and many other high-profile investors.
According to India Today, the highest bid on The Oval Invisables was 123 million pounds. Now that Mi has got 49 percent stake in this team, for this it will have to pay the price of about 60 million pounds. This is equal to about 645 crores in Indian currency. With this, the Oval Invisables will become a sixth team that will be controlling the management of Reliance Industries. Prior to this, Mumbai Indians, IPL and Women’s Premier League (WPL) have waved. At the same time, Mi New York in Major League cricket, Mi Cape Town in SA20 and Mi Emirates in ILT20 come under the Ambani family.
There was speculation that the Ambani family wanted to buy one of the teams that were operated from London. He also had an eye on the London Spirit. Let us tell you that according to some media reports, Google CEO Sundar Pichai had also shown interest in Oval Invisables, but according to the new update, Mumbai Indians have won. Talking about The Oval Invisables, its 49 percent stake is now with the Ambani family and the remaining 51 percent stake with Surrey County Cricket Club. If the Surrey Club wants to sell its shares in the future, then the Mi franchise can also get the full ownership of this team. According to the report, the Surrey County Cricket Club is not in the mood to sell its shares.
Also read:
