English County Membership Surrey which owns the Oval Invincibles in The Hundred has confirmed their partnership with Reliance India Restricted (RIL). And Surrey have additionally mentioned that they’ll proceed to retain 51 per cent of the stake within the franchise, there by retaining management of the crew which is probably the most profitable within the match.
The Oval Invincibles which was the primary crew to be offered by the England and Wales Cricket Board (ECB) was valued at £123 million and subsequently RIL purchased 49 per cent of the stakes for £60m. And following negotiations between the 2, Surrey have launched an announcement confirming the cope with RIL’s subsidiary RISE Worldwide.
“R1SE can have a 49 per cent share of the Hundred crew, with Surrey retaining the bulk 51 per cent. The Membership hopes to learn from Mumbai Indians’ huge expertise and confirmed success, recent off lifting one more league title in South Africa over the weekend, to additional strengthen and preserve the crew’s place because the main franchise within the competitors.
Surrey County Cricket Membership have at the moment introduced that Reliance Industries Restricted by way of its subsidiary, RISE Worldwide, is the membership’s most well-liked companion for The Hundred crew when its possession transfers from ECB to Surrey CCC on the finish of 2025.
Topic to the conclusion of… pic.twitter.com/wCdunjAjhq
— Surrey Cricket (@surreycricket) February 10, 2025
Although among the different counties have been able to promote their share of stake in The Hundred, Surrey have been eager on retaining the 51 per cent stake they’ve had on the Oval Invincibles. Talking of the partnership with RISE, Surrey mentioned, “Over 17 years, the dedication of the MI household has resulted in 11 league titles throughout the globe, together with 5 IPL championships, two Champions League victories, and the inaugural WPL and Main League Cricket titles in 2023, ILT20 in 2024 and SA20 in 2025. Each crew within the MI Household now has a winner’s trophy.
Akash Ambani, the proprietor of Mumbai Indians mentioned, “We’re glad to be a part of Oval Invincibles—probably the most profitable groups in The Hundred—and welcome them into the Mumbai Indians household. England, with its wealthy cricketing tradition, has all the time been particular to the sport. To have the long-lasting Oval, which has witnessed a few of cricket’s best moments, as our dwelling venue is actually particular. We sit up for collaborating with like-minded companions, Surrey CCC, who share our ardour and ethos for the game. By leveraging our international cricket experience, we intention to additional elevate the groups, interact with followers, and broaden our footprint within the sport we love.”
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