The Hundred champions Oval Invincibles agree £60m investment deal with owners of IPL side Mumbai Indians Reigning champions Oval Invincibles were the first of the eight Hundred teams to agree a private investment deal on Thursday when the owners of Mumbai Indians secured a 49 per cent stake for £60million.
The ECB have vouched to share the 49 per cent sales of each of the eight teams between the entire professional game.
Reigning champions Oval Invincibles were the first of the eight Hundred teams to agree a private investment deal.
The Ambani family, whose cricket umbrella also houses teams in Twenty20 leagues in the United States, United Arab Emirates and South Africa, will now enter an eight-week exclusivity period as winning bidders for the first of eight lots.
Following the landmark auction, the ECB declined to comment but a source suggested they were pleased with the start of a momentous week for English domestic cricket.
