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Mumbai Indians Expand Global Footprint with Oval Invincibles Partnership

Written by: Team Angel OneUpdated on: Feb 11, 2025, 3:31 PM IST
Mumbai Indians partner with The Hundred’s Oval Invincibles, expanding their cricketing presence across 4 continents and 5 countries.
Mumbai Indians Expand Global Footprint with Oval Invincibles Partnership
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Mumbai Indians (MI), the franchise owned by Reliance Industries Limited (RIL), has expanded its global cricket footprint by partnering with Oval Invincibles, the London-based franchise in The Hundred. This latest addition strengthens MI’s presence in international cricket, now boasting seven teams across 4 continents and 5 countries in both men’s and women’s formats.

Strengthening a Global Cricketing Legacy

Mumbai Indians, through its subsidiary RISE Worldwide, secured a successful bid to acquire a 49% stake in Oval Invincibles. This move further cements MI’s position as one of the most dominant global cricketing franchises, adding to its roster of teams in India, New York, the UAE, South Africa, and now England. The transaction is subject to customary due diligence and documentation.

The Oval Invincibles men’s team has been a formidable force in The Hundred, winning consecutive titles in 2023 and 2024, while the women’s squad claimed championship victories in 2021 and 2022. Their inclusion into the MI family adds to the franchise’s illustrious record of success.

Expanding the MI Fan Base

Mrs Nita M. Ambani, speaking on the partnership, stated, “Cricket is more than just a sport; it’s a passion that unites people across geographies and cultures. Welcoming Oval Invincibles into the Mumbai Indians family is a proud and special moment. With this partnership, we expand our MI fan base across India, New York, the UAE, South Africa, and now England – ushering in a new chapter of our global cricketing journey.”

Akash M. Ambani, MI owner, echoed this sentiment, highlighting the historic significance of The Oval in cricket history. “England, with its rich cricketing culture, has always been special to the game. To have the iconic Oval as our home venue is truly special. By leveraging our global cricket expertise, we aim to further elevate the teams, engage with fans, and expand our footprint in the sport we love.”

A Strategic Partnership with Surrey CCC

Surrey County Cricket Club (CCC), the organisation behind Oval Invincibles, welcomed the partnership, with Chairman Oli Slipper noting, “We wanted the best partner to ensure that Surrey continues to lead the way in English cricket, and in Mumbai Indians, that is what we have got. Their expertise and global reach will help us grow on and off the field.”

Mumbai Indians

Mumbai Indians’ journey has been marked by sustained excellence. With 5 IPL championships, 2 Champions League titles, and victories in major T20 leagues such as the Women’s Premier League (WPL), SA20, and ILT20, MI has become synonymous with success in franchise cricket. The addition of Oval Invincibles reinforces their commitment to growing the game on a global scale.

As MI continues to expand its presence, this partnership signals a new era of collaboration between Indian and English cricket, promising to bring exciting opportunities for players and fans alike.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 11, 2025, 3:31 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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