Surrey County, which manages oval invincible, has reaffirmed its intention to retain control participation.
The Mumbai Indians, who became the first Premier League team in India (IPL) to buy one hundred franchises (oval invincible) in the recent sales of English teams, however, it will not have majority bets.
It has been understood that Surrey County, which manages oval invincibles, will retain its majority participation while taking the opportunity to collaborate with a superior franchise such as the Mumbai Indians.
Its association between both parties will enter into force when the property of the Transfiera team from the Cricket Board of England and Wales (ECB) to the County Club at the end of 2025.
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Reliance Industries Limited (RIL) acquired a 49% participation in invincible, who are the reigning champions of the hundreds of men and the most successful team in the genres in the four years of history of the tournament. The agreement, ended at a live auction on January 30, the franchise is valued at £ 123 million.
As a result, RIL is required to invest more than 60 million for its capital participation of 49%. This process will be administered through negotiations with Rise Worldwide, a Reliance subsidiary, which has been selected as the club’s favorite partner since the 2026 season onwards.
Speaking after the developments, Oli Slipper, president of Surrey CCC, said:
“We said from the beginning that we wanted the best partner to guarantee that Surrey continues to lead the way in the English Cricket and in the Mumbai Indians, that is what we have.
“They share our passion for the Cricket, they own the largest and most successful team of the IPL, the Mumbai Indians, and we believe that this association will bring continuous success to both Surrey CCC and our one hundred team.
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