The Hundred sales: Mumbai Indians buy stake in Oval Invincibles
The Indian Indians of the Indian Super League team have won the right to purchase oval -shaped invincible shares in the Milestone British cricket operation.
On Thursday, the invincible became the first of the 800 teams to sell stocks to private investors.
Reliance Industries Limited is the owner of Mumbai and many other teams in other franchise leagues to buy 49 % of Invincibbles.
Surrey chose to retain 51 % control over other 51 %, which was presented by the England and Wales Campaign (ECB). Both Sarri and the European Central Bank refused to comment.
A source said the transaction estimates that the 100 % of the franchise right is about 120 million pounds, which means that Reliance will pay about 60 million pounds for 49 % of its 49 %.
The final auction of the 800 teams is the climax of the sales process began in September.
Invincible transactions will be Birmingham Phoenix, and the remaining six teams will be sold in the next few days.
It is understood that relying on private investment companies CVC and Silicon Valley entrepreneurs in competition.
This means that invincible people will have contact with the Mumbai Indian Group, including men’s teams of the United States, South Africa and the United Arab Emirates, and the Indian Women’s Premier League team.
Invincibles men are two hundred championships and currently, while women are winners in 2021 and 2022.
