Reliance Industries Limited, owned by India's wealthiest Ambani family, has acquired a 49% stake in the England's The Hundred side, Oval Invincibles. The group already owns the Mumbai Indians franchise in the IPL,

The Ambani family, which also own the Mumbai Indians franchise in IPL, will take a 49% holding in Oval Invincibles, according to a person familiar with the matter.

Mukesh Ambani's Reliance Industries (RIL) has made a major foray into English cricket by acquiring a 49 per cent stake in the Oval Invincibles, a franchise in The Hundred, for GBP 60.27 million. The deal values the team at GBP 123 million and strengthens Ambani’s growing presence in global cricket.

Mumbai Indians' winning bid at The Hundred reportedly values the franchise at 123 million pounds, meaning RIL will pay the Oval Invincibles just over 60 million pounds for its 49% stake

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

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.

Mukesh Ambani’s Reliance Industries (RIL) has acquired a 49% stake in the ECB's The Hundred team, Oval Invincibles, for £60.27 million, valuing the team at £123 million. The deal, finalised through a virtual auction,