Mumbai Indians acquire Oval Invincibles: Here's the rebranded name
What's the story
In a major development, Reliance Industries and Surrey County Cricket Club have announced a partnership to rebrand the Oval Invincibles franchise in The Hundred as MI London. The move comes after months of delays, with most agreements reportedly finalized in July. The change will reflect on both the men's and women's sides. This development marks a significant expansion of the Indian Premier League's global footprint.
Franchise transformation
MI London: A new chapter in The Hundred
The rebranding of Oval Invincibles to MI London marks a major shift in England's 100-ball tournament. The franchise has won five titles in as many seasons, with the women's team winning in 2021 and 2022. Meanwhile, the men's team won between 2023 and 2025. The rebranding is set to bring new commercial strategies to MI London.
Ownership stakes
Reliance-Surrey partnership details
The partnership between Reliance and Surrey County Cricket Club hands the two organizations 49% and 51% stakes in MI London, respectively. The deal has transferred ownership from the England and Wales Cricket Board. From 2026 onward, both men's and women's sides will be known as MI London under this new partnership. According to ESPNcricinfo, the Oval Invincibles were valued at £123 million, the second-most expensive franchise after London Spirit (£295 million).
Expansion strategy
A global sports brand
The latest expansion into the UK adds to the Mumbai Indians' global portfolio, which already includes franchises in India (IPL and WPL), the UAE (MI Emirates), South Africa (MI Cape Town), and the USA (MI New York). On the deal, MI co-owner Akash Ambani said, "The Invincibles' winning record and spirit of excellence perfectly embody the MI ethos of passion, resilience, and teamwork."
Partnership remarks
Surrey Chair's statement on the partnership
Surrey Chair Oli Slipper expressed his delight at the agreement with Reliance for their partnership in The Hundred. He said, "Reliance brings a significant depth of cricket and business expertise and have had great success with their franchise teams in India and around the world - there's no doubt that they are here to win."
Do you know?
English cricket gains from eight deals
The eight deals, part of the ECB's sale of equity stakes in the Hundred, have been completed. According to ESPNcricinfo, the deals collectively valued the teams at over £975 million.