US EditionFinal Two Deals Completed in The Hundred Cricket Competition
The £975 million partnership deal includes £500 million reinvested into cricket, with Oval Invincibles rebranding as MI London in 2026 under Surrey and Reliance ownership.
- The England and Wales Cricket Board said Wednesday the final two deals were completed, finalising partnerships for all eight teams, while Reliance Strategic Business Ventures Limited and Surrey County Cricket Club announced their 49% and 51% stakes in Oval Invincibles, transferring ownership from the ECB.
- To unlock long-term funding, the England and Wales Cricket Board completed franchise partnerships while retaining regulatory control, with eight deals valued at 50 million pounds including 50 million pounds for grassroots cricket.
- Reliance leaders welcomed the new MI London identity, with Reliance Foundation Chairperson Nita M Ambani saying it will nurture talent and unite fans, while Surrey Chair Oli Slipper praised Reliance's expertise and fanbase growth potential.
- From next year the Oval Invincibles' men's and women's teams will be rebranded MI London, marking the franchise rebrand after winning five titles with homegrown Surrey stars like Sam Curran and Alice Capsey.
- The mix of global cricket brands and overseas buyers highlights the programme's international reach, with Reliance and Surrey CCC announcing their partnership on Wednesday, giving MI London its identity.
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Reliance Industries Limited, Surrey announce their partnership in Oval Invincibles franchise in The Hundred
Reliance Strategic Business Ventures Limited, a wholly owned subsidiary of Reliance Industries Limited, and Surrey County Cricket Club, on Wednesday, announced their partnership in the Oval Invincibles franchise in The Hundred.
MI acquire Oval Invincibles rebranded as MI London 2026
MI acquire Oval Invincibles rebranded as MI London 2026 In a major development for global franchise cricket, Reliance Industries, owners of the Mumbai Indians, have officially taken over the Oval Invincibles franchise in The Hundred. Beginning in 2026, both the men’s and women’s teams will compete under the new name MI London. The partnership, finalised […] The post Mumbai Indians Acquire Oval Invincibles in The Hundred, Rebrand Team as MI Londo…
Surrey and Reliance Industries Limited announce partnership in Oval Invincibles franchise in The Hundred
Surrey County Cricket Club and Reliance Strategic Business Ventures Limited, a wholly owned subsidiary of Reliance Industries Limited, today announced their partnership in the Oval Invincibles franchise in The Hundred. This follows the completion of a deal which gives the organisations 51% and 49% stakes in the franchise, respectively, transferring ownership from England and Wales Cricket Board. As part of this new partnership, from 2026 both th…
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