Surrey County Cricket Club will retain a 51 per cent majority stake after selling the remaining 49 per cent of their Hundred side Oval Invincibles to the Mumbai Indians owners, Reliance Industries Limited (RIL).

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 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.

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,

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,

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.

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).