Home Sports News Owner of IPL Teams 2023 | Indian Premier League

Owner of IPL Teams 2023 | Indian Premier League

Forward of the 16th version of the Indian Premier League (IPL 2023), let’s check out all of the IPL crew homeowners.

Group Proprietor
Mumbai Indians Reliance Industries
Delhi Capitals JSW and GMR Group
Rajasthan Royals Rising Media and RedBird Capital Companions
Kolkata Knight Riders Pink Chillies Leisure and Mehta Group
Punjab Kings Dabur Group, Ness Wadia, Preity Zinta
Lucknow Tremendous Giants RPSG Group
Gujarat Titans CVC Capitals
Sunrisers Hyderabad Solar Group
Royal Challengers Bangalore United Spirits
Chennai Tremendous Kings India Cements

House owners of IPL Groups 2023

1. Mumbai Indians – Reliance Industries

Reliance Industries purchased Mumbai Indians again in 2008 for a report quantity of $111.9 million. Mukesh Ambani and Spouse Nita Ambani are recognized to run the franchise. Nevertheless, it belongs to the Reliance Industries and never a selected Ambani member of the family. The corporate, although, is owned by Mukesh Ambani itself.

2. Delhi Capitals – JSW and GMR Group

GMR Group purchased the franchise for $84 million again in 2008. Nevertheless, in 2018, the GMR Group offered 50% of the stakes to JSW Group for $73 million. The franchise was then renamed from Delhi Daredevils to Delhi Capitals. Grandhi Kiran Kumar is the CEO of the GMR Group whereas Parth Jindal from the JSW Group primarily manages the Delhi Capitals.

3. Rajasthan Royals – Rising Media

Rising Media owns Rajasthan Royals (65%), which is headed by Manoj Badale. RedBird Capitals (15%) and Lachlan Murdoch (13%) are the opposite two companions. It was in 2015 that the possession of the franchise was handed on to Rising Media. Badale is taken into account the pinnacle of the franchise as he holds majority shares.

4. Kolkata Knight Riders – Pink Chillies Leisure and Mehta Group

The Kolkata franchise is owned by Pink Chillies Leisure (55%), which is headed by Bollywood star Shah Rukh Khan. The Mehta Group additionally holds 45% of the shares, owned by Jay Mehta and his spouse, former Bollywood star Juhi Chawla.

5. Punjab Kings – Dabur Group, Ness Wadia, Preity Zinta

Dabur Group’s Mohit Burman (46%) owns Punjab Kings whereas Wadia Group’s Ness Wadia (23%), Bollywood star Preity Zinta (23%), Dey & Dey Group’s Saptarshi Dey and Karan Paul are the opposite stakeholders. This is similar group that purchased the franchise again in 2008 as properly.

6. Lucknow Tremendous Giants – RPSG Group

Lucknow Tremendous Giants in a single among the many two new franchises added in IPL 2022. Sanjiv Goenka’s RPSG Group received the bid to personal the franchise at a report quantity of INR 7090 Crore. Goenka beforehand owned the Rising Pune Tremendous Giants as properly and is without doubt one of the main businessmen of India.

7. Gujarat Titans – CVC Capitals

Gujarat Titans, champions of IPL 2022, enjoying their very first season, is owned by CVC Capitals. The British Non-public Fairness and funding advisory agency received the rights to personal the franchise with a bid of INR 5625 Crore. John Clarke is the managing accomplice and CEO of CVC Capitals.

8. Sunrisers Hyderabad – Solar Group

Sunrisers Hyderabad is owned by Solar Group. It was in 2013 that Kalanithi Maran, head of the Solar Group, purchased the franchise for round $11 million. The Solar Group is common for his or her Solar TV Community. Kalanithi’s daughter Kaviya Maran can be an lively member within the administration of the franchise, is usually seen cheering the crew and current throughout auctions.

9. Royal Challengers Bangalore – United Spirits

Royal Challengers Bangalore is owned by United Spirits Ltd, a beverage firm. The then main stakeholder within the firm, Vijay Mallya, purchased the franchise in 2008 for $111.6 million. The franchise, although, remains to be owned by United Spirits with Prathmesh Mishra because the CEO of Royal Challengers Bangalore.

10. Chennai Tremendous Kings – India Cements

Chennai Tremendous Kings franchise was initially offered to India Cements again in 2008. India Cements nonetheless holds the bulk stakes to this date and they’re known as the homeowners of the franchise. The corporate is headed by former ICC chairman N Srinivasan, who has performed an important function within the administration of the franchise through the years.

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