Mukesh and Nita Ambani’s Reliance Industries have made huge investments in the International Cricket League and have acquired a 49% stake in one of the famous franchises in a hundred leagues.
Mukesh Ambani and Nita Ambani’s visions extend beyond national borders and cover international investments and initiatives that reflect their passion for sports. Their strategic investment strengthens their presence in international cricket. An amazing milestone was their acquisition of 49% of the Oval, a team in a hundred leagues, which is the UK’s professional 100-ball cricket championship. The Oval Invincibles has won multiple titles with a great record record, including two men’s titles (2023, 2024) and two women’s titles (2021, 2022), further cementing the Ambani family’s influence in the global cricket environment.
Ambany Club of the Hundred League
Ambanis’ acquisition of the Oval Invincible highlights their ambition to dominate the global cricket landscape while driving growth and business success. They acquired 49% of the shares in an oval-shaped agnostic manner, evaluating the team for more than Rs 134 billion, with the acquisition price of 49% of the shares at around Rs 650 crore. This investment makes one of the most valuable franchises in the Oval Invincible Cricket League, showing the growing business of the Ambani family in global cricket.
Reliance’s Cricket Investment
Ambanis started a strong foothold in global cricket in 2008 with a purchase of Mumbai Indians (IPL) for $111.9 million. Under the leadership of Mukesh Ambani, the eldest son of Mukesh Ambani, they expanded their portfolio to include multiple international franchises: Mi Cape Town (SA20), worth Rs 244 crore; MI Emirates (ILT20), winner of ILT20 2024; MI New York (MLB), MLC 2023 champion. The Mumbai Indians also achieved great success, winning five IPL titles.
Their cricket investments have paid off, with the Mumbai Indians generating Rs 700 crore in revenue and having a brand value of over Rs 1,040 crore in FY 2024. As they expand their global cricket portfolio, industry insides anticipate further aggressive growth and strategic partnerships, highlighting the Ambanis’ ambition to dominate the global cricket landscape.
