Mumbai Indians owners Reliance Industries Limited (RIL) are set to buy a 49% stake in Oval Invincibles after winning a virtual auction on Thursday afternoon. RIL will enter into a period of exclusivity which will see them negotiate agreements with Surrey,

The Ambanis, Asia’s richest family, have bought a stake in Oval Invincibles, the first Hundred franchise to be sold. The England and Wales Cricket Board is holding an auction this week to sell stakes in the eight Hundred teams.

The owners of Indian Premier League giants Mumbai Indians have agreed a deal to buy a stake in Oval Invincibles in a landmark moment for English cricket. Reliance Industries Limited, owned by India’s richest family,

Indias Ambani family has sealed a landmark agreement to become the first external shareholder in one of English crickets eight Hundred franchises; Watch The Hundred live this summer on Sky Sports Cric

Mumbai Indians won a fiercely contested e-auction, fending off competition from a Silicon Valley tech consortium, comprising the chief executives of Google, Microsoft, and Adobe as well Gujarat Titans owners CVC.

Mukesh Ambani's Reliance Industries Limited has acquired a 49% stake in the ECB's The Hundred team, Oval Invincibles, for £60.27 million, fending off competition from notable names. Reliance already owns multiple cricket franchises globally.

India's Ambani family has sealed a landmark agreement to become the first external shareholder in one of English cricket's eight Hundred franchises, Sky News can exclusively reveal.