Surrey County Cricket Club announced their new partnership with Reliance Industries Limited, co-owning the Oval Invincibles franchise in The Hundred.

Surrey have confirmed that they will be retaining their majority stake in Oval Invincibles, as they begin their period of exclusive negotiations with Reliance Industries Limited (RIL), the owners of Mumbai Indians, in the wake of last month's Hundred equity sale.

"RISE will have a 49 per cent share of the Hundred team, with Surrey retaining the majority 51 per cent. The club hopes to benefit from Mumbai Indians' vast experience and proven success, fresh off lifting yet another league title in South Africa over the weekend,

Surrey County Cricket Club (SCCC) has confirmed its deal with Reliance but said it will continue to retain majority stake of 51 percent in the Oval Invincibles.

Surrey have confirmed that they will remain majority owners of Hundred franchise Oval Invincibles after taking investment from the Ambanis.

Reliance Industries Limited (RIL), owners of Mumbai Indians (MI), through its subsidiary, RISE Worldwide, on Monday announced its successful bid to partner with the London-based Oval Invincibles, a franchise in England and Wales Cricket Board's (ECB) The Hundred.

MUMBAI: Reliance Industries Ltd (RIL), the powerhouse behind Mumbai Indians (MI), has officially added another feather to its cap. Through its subsidiary, Rise Worldwide Ltd, RIL has successfully partnered with the Oval Invincibles,

Mumbai Indians (MI), owned by Reliance Industries Limited (RIL), have expanded their global cricket footprint by partnering with London-based franchise Oval Invincibles in England and Wales Cricket Board’s (ECB) The Hundred.

Reliance Industries is set to expand its global footprint in cricket. They already own the Mumbai Indians side in IPL and WPL, MI New York (MLC), MI Cape Town (SA20) and MI Emirates (ILT20).