According to the report, the Mumbai Industrial Owner, the Industries Limited (RIL), will win a 49 % stake in the back franchise invincible after winning the three -way bid war at the virtual auction on Thursday.
According to the British media reports, the RIL owned by Ambani Family entered the monopoly period to finish the contract with Surrey, England and Wales Cricket Board (ECB) and financial advisors.
Winning bidding is known to evaluate the franchise at £ 133 million. In other words, RIL will pay more than 60 million pounds to 49% stake.
RIL has won the competition with the Silicon Valley Tech Consortium, which consists of the CEO of Google, Microsoft and Adobe and the Silicon Valley Tech Consortium, which consists of private equity cvc, the owner of the IPL franchise. report.
Mumbai Indians are one of the most successful IPL franchises and Surrey is the most rich English county club.
Two defensive champions in men’s bags, OVAL Invincibles, became the first team sold in the last round of the ECB’s sales process.
After the acquisition, OVAL Invincibles will be the sixth team under the management of RIL, joining MUMBAI Indians (IPL and WPL), Mi New York (MLC), Mi Cape Town (SA20) and Mi Emirates (ILT20).
