The Hundred Surrey confirm deal with Reliance, to retain majority stake in Oval Invincibles

5 hours ago 1

Oval Invincibles, The Hundred Reliance India Limited volition person 51 per cent involvement successful Oval Invincibles. (Twittter/Surrey)

English County Club Surrey which owns the Oval Invincibles successful The Hundred has confirmed their concern with Reliance India Limited (RIL). And Surrey person besides said that they volition proceed to clasp 51 per cent of the involvement successful the franchise, determination by retaining power of the squad which is the astir palmy successful the tournament.

The Oval Invincibles which was the archetypal squad to beryllium sold by the England and Wales Cricket Board (ECB) was valued astatine £123 cardinal and subsequently RIL bought 49 per cent of the stakes for £60m. And pursuing negotiations betwixt the two, Surrey person released a connection confirming the woody with RIL’s subsidiary RISE Worldwide.

“R1SE volition person a 49 per cent stock of the Hundred team, with Surrey retaining the bulk 51 per cent. The Club hopes to payment from Mumbai Indians’ immense acquisition and proven success, caller disconnected lifting yet different league rubric successful South Africa implicit the weekend, to further fortify and support the team’s presumption arsenic the starring franchise successful the competition.

Surrey County Cricket Club person contiguous announced that Reliance Industries Limited done its subsidiary, RISE Worldwide, is the club’s preferred spouse for The Hundred squad erstwhile its ownership transfers from ECB to Surrey CCC astatine the extremity of 2025.

Subject to the decision of… pic.twitter.com/wCdunjAjhq

— Surrey Cricket (@surreycricket) February 10, 2025

Though immoderate of the different counties person been acceptable to merchantability their percent of involvement successful The Hundred, Surrey person been keen connected retaining the 51 per cent involvement they person had connected the Oval Invincibles. Speaking of the concern with RISE, Surrey said, “Over 17 years, the dedication of the MI household has resulted successful 11 league titles crossed the globe, including 5 IPL championships, 2 Champions League victories, and the inaugural WPL and Major League Cricket titles successful 2023, ILT20 successful 2024 and SA20 successful 2025. Every squad successful the MI Family present has a winner’s trophy.

Akash Ambani, the proprietor of Mumbai Indians said, “We are gladsome to beryllium portion of Oval Invincibles—the astir palmy teams successful The Hundred—and invited them into the Mumbai Indians family. England, with its affluent cricketing culture, has ever been peculiar to the game. To person the iconic Oval, which has witnessed immoderate of cricket’s top moments, arsenic our location venue is genuinely special. We look guardant to collaborating with like-minded partners, Surrey CCC, who stock our passionateness and ethos for the sport. By leveraging our planetary cricket expertise, we purpose to further elevate the teams, prosecute with fans, and grow our footprint successful the athletics we love.”

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