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

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 disclosed that will own controlling stake in the Oval Invincible franchise while their partner Reliance will own a minority share. Read more on CricTracker.

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, owners of Mumbai Indians, have announced a partnership with the Oval Invincibles of The Hundred league. This marks a strategic expansion of the Mumbai Indians, enhancing their global cricket footprint,

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).