The Indian Premier League is a professional Twenty20 cricket league based in India. Since its inauguration in 2008, the competition has been held every year. Besides that, cricket is the most popular sport in the country, contributing to the game’s commercial success.
The Indian Premier League (IPL) gets credit for modernizing the sport in India. It is, without a doubt, the world’s largest cricket league. Further, the league is well-known in India and across the globe.
The IPL is more than simply a cricket tournament, it’s a carnival for cricket fans worldwide. This is the most widely watched cricket tournament. Besides, currently, there are 10 teams in the IPL. So follow this post for ipl teams and owners. Further, we will also list ipl owners details.
The following is a complete list of IPL team owners
Contents
1) Chennai Super Kings
Since the IPL’s debut season in 2008, Chennai Super Kings was one of the original eight teams. Chennai Super Kings Cricket Limited owns the team. Moreover, the Chennai Super Kings franchise was purchased by India Cements, an Indian cement production company formed in 1946.
In addition, N. Srinivasan, the former BCCI President and chairman of the ICC, is now the MD of India Cements. Many cricket fans are familiar with Srinivasan’s roles as Chairman of the International Cricket Council and President of the BCCI.
Last year, Chennai Super Kings became the first Indian Premier League franchise to achieve unicorn status, according to a new report. It has a market capitalisation of INR 7,600 crore, and the gray market share price is between INR 200 and 225.
2) Mumbai Indians
The Reliance Group’s Nita Ambani and her son Akash Ambani own the most successful franchise in the Indian Premier League, the Mumbai Indians. Besides, The MI owners have always been actively involved in all aspects of the team, including the off-season.
Recently, Nita Ambani entered an elite list of influential women for managing the Mumbai Indians well, putting her at the top of the list of owners of IPL franchises.
3) Kolkata Knight Riders
Shahrukh Khan (Red Chillies Entertainment), Jay Mehta and Juhi Chawla (Mehta Group) own 55% and 45% stakes, respectively, in the Kolkata Knight Riders.
In addition to Shahrukh Khan, a duo from the Mehta Group is responsible for managing and auction operations.
4) Rajasthan Royals
A total of six individuals own shares in the Rajasthan Royals. These include Amisha Hathiramani from Tresco International Limited, Manoj Badale from Emerging Media (IPL) Limited, Lachlan Murdoch from Blue Water Estate Limited, Raj Kundra and Shilpa Shetty from Kuki Investments Limited as well as Shane Warne from Spinners Limited.
In addition, an ownership stake of 65% is held by the Manoj Badale-led Emerging Media IPL Ltd. Other significant minority shareholders include Lachlan Murdoch and RedBird Capital Partners.
5) Royal Challengers Bangalore
Anand Kripalu, the owner of United Spirits Limited, is the new owner of Royal Challengers Bangalore. The incredibly followed IPL team has changed ownership following Kingfisher’s Vijay Mallya’s departure from the team.
Moreover, the fans might be hoping to see a change in fortune for the team after the change in ownership.
6) Sunrisers Hyderabad
Since the Sunrisers Hyderabad franchise changed from Deccan Chargers to Sunrisers Hyderabad in 2013, Kalanithi Maran owned the franchise.
From the franchise won the first title as Deccan Chargers and the second title after the change to SRH, Kalanithi’s daughter Kaviya Maran appears to be overseeing the team’s operation.
7) Punjab Kings
Punjab Kings is owned by Dabur, Wadia Group, Preity Zinta and Apeejay Group. Besides, the franchise was previously known as Kings XI Punjab.
Currently, the team is managed by four separate entities and has a large fan base. Preity Zinta owns 27% of the team, while Dabur holds 46%, Wadia has 23%, and Apeeja holds 8%.
8) Delhi Capitals
Previously known as the Delhi Daredevils, the Delhi Capitals. Before the name change, the team had been criticized by its fans for its poor performance in previous competitions.
But they have performed well in their past two tournaments. They put on an outstanding performance and finished at the top of the point table. Half of the corporation is owned by GMR Group, while JSW Group owns the other half.
JSW Sports Director Parth Jindal runs the Delhi Capitals with veteran businessman Kiran Gandhi, the CEO, MD and director of GMR Infrastructure. While both Gandhi and Jindal frequently attend IPL events representing the Delhi Capitals.
9) Lucknow SuperGiants
The BCCI introduced two all-new franchises ahead of the 2022 season, Lucknow SuperGiants, owned by RPSG Ventures Limited as well as Sanjeev Goenka.
The RPSG Group previously owned the Rising Pune Supergiants team in the IPL during the 2016 and 2017 seasons. After five years of absence from the league, the RPSG Group is back with the Lucknow SuperGiants franchise. They acquired the franchise for a staggering INR 7,090 crore.
10) Gujarat Titans
CVC Capital Partners, a British private equity and investment advisory firm, acquired the Gujarat Titans franchise based in Ahmedabad.
Furthermore, CVC Capital Partners has never owned a franchise in the IPL before. Besides, the CVC Capital Partners team, Gujarat Titans, cost INR 5,625 crore.
Conclusion
It has been a decade since the first game of the Indian Premier League (IPL) was played. Today, the tournament is one of the most popular sporting events in India, with an audience of over 400 million people. The team owners have played their part in this success story by investing heavily to make IPL one of the most glamorous and lucrative sports tournaments.
Thus, in this article we have shared ipl team owners share as well as ipl team owners 2022. Also, we discussed the complete ipl team owners list.