We have a new Mumbai Indians-owned franchise now! In the ongoing auction for the Hundred franchise, the England and Wales Cricket Board (ECB) has struck a magnanimous deal with Reliance Industries Limited (RIL), owners of the global Mumbai Indians (MI) franchise. The Ambani-owned company has bagged the Oval Invinclible franchise for a whopping 123 million pounds, which converts to INR 1327 crore. The update has been confirmed by Cricbuzz.
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