Mumbai Indians (MI) have further expanded their presence in global T20 leagues by securing a 49% stake in The Hundred franchise, Oval Invincibles. With this move, MI have now added a seventh team to their growing portfolio, which already includes franchises in SA20, the Caribbean Premier League (CPL), and ILT20.
The acquisition comes as part of a partnership between MI’s owners, Reliance Industries Limited (RIL), and Surrey County Cricket Club (SCC) through RIL’s subsidiary, RISE Worldwide. SCC will retain a 51% majority stake in the franchise, while MI’s 49% stake has been secured for approximately 644 Crore rupees (60 million GBP). Oval Invincibles, the first team to be sold by the England and Wales Cricket Board (ECB), is currently valued at 1320 Crore rupees (123 million GBP).
Nita Ambani, owner of Mumbai Indians, expressed her excitement over the partnership, emphasizing the global expansion of MI’s fan base.
“Cricket is more than just a sport, it’s a passion that unites people across geographies and cultures. Welcoming Oval Invincibles into our Mumbai Indians family is a proud and special moment. With this partnership, we expand our MI fan base across India, New York, the UAE, South Africa, and now England – ushering in a new chapter of our global cricketing journey,” she stated in an official release.
Oval Invincibles have already established themselves as a dominant force in The Hundred. Their women’s team won back-to-back titles in 2021 and 2022, defeating Southern Brave in both finals. Meanwhile, the men’s team secured consecutive championships in 2023 and 2024, overcoming Manchester Originals and Southern Brave in the respective finals.
MI’s latest acquisition further cements their reputation as one of the most successful franchises in global cricket. In the Indian Premier League (IPL), MI have won the title five times (2013, 2015, 2017, 2019, 2020) and also secured two Champions League T20 trophies. Their dominance extends beyond the IPL, with MI Cape Town recently winning the SA20 2025 title.
With this strategic investment in Oval Invincibles, Mumbai Indians continue to solidify their presence in international T20 leagues, expanding their influence across multiple cricketing landscapes.
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Name of Author: Cricexec Staff
