The Mumbai franchise was sold to the Reliance Industries Ltd (RIL) for $111.9 million, making it the most expensive team to be sold in the league. RIL, owned by Mukesh Ambani acquired the rights to the franchise for a period of 10 years. The franchise was eventually named "Mumbai Indians".
League: Indian Premier League
Venue: Brabourne Stadium, Wankhede Stadium, D Y Patil Sports Stadium
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Answer:
The Mumbai franchise was sold to the Reliance Industries Ltd (RIL) for $111.9 million, making it the most expensive team to be sold in the league. RIL, owned by Mukesh Ambani acquired the rights to the franchise for a period of 10 years. The franchise was eventually named "Mumbai Indians".
League: Indian Premier League
Venue: Brabourne Stadium, Wankhede Stadium, D Y Patil Sports Stadium
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