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Ambanis

  • Surrey to keep majority as Mumbai Indians owners confirm Oval Invincibles stake

    Sport Business

    Surrey have confirmed that they will remain majority owners of the Hundred franchise Oval Invincibles after taking investment from super-rich Indian family the Ambanis. The family, through Reliance Industries Limited, have agreed to purchase a 49 per cent share in the south London side in a deal that values them at around £125m. It was [...]

    Surrey have confirmed that they will remain majority owners of the Hundred franchise Oval Invincibles after taking investment from super-rich Indian family the Ambanis.
  • Hundred: Sale of franchise stakes could value cricket league at £700m

    Sport Business

    English cricket is set for a major financial boost with the Hundred sale, which enters its final round of bidding, expected to value the eight franchises at as much as £700m. That figure is double the sum the England and Wales Cricket Board rejected from Bridgepoint for the whole tournament in 2022 and would therefore [...]

    The sale of eight stakes in eight Hundred franchises could value the cricket competition at £700m

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