IPL Team Owners including the newly added Lucknow Super Giants and Gujarat Titans
The Indian Premier League (IPL) has become one of the most popular and lucrative cricket tournaments in the world since its inception in 2008. Apart from the thrilling matches and the passionate fans, one aspect that adds to the charm of the IPL is team ownership.
In this article, we will delve into the world of IPL team owners in 2023, exploring their backgrounds, investments, and contributions to the league’s success.
Mumbai Indians – Reliance Industries Limited
The Mumbai Indians, the most successful team in IPL history with five championships, are owned by Reliance Industries Limited.
Reliance Industries Limited, led by Mukesh Ambani, is a conglomerate based in India with interests in various sectors, including petrochemicals, textiles, telecommunications, and more. The team is managed by Reliance’s subsidiary, India’s biggest conglomerate, Reliance Retail.
Kolkata Knight Riders – Red Chillies Entertainment and Mehta Group
The Kolkata Knight Riders, a popular team based in Kolkata, is co-owned by Bollywood actor Shah Rukh Khan’s production company Red Chillies Entertainment and the Mehta Group.
Red Chillies Entertainment is known for producing blockbuster Bollywood movies and has a significant presence in the entertainment industry. The Mehta Group, on the other hand, is a conglomerate with diverse business interests, including real estate, hospitality, and more.
Royal Challengers Bangalore – United Spirits
The Royal Challengers Bangalore, known for its passionate fan base, is owned by United Spirits, a subsidiary of British alcoholic beverages company Diageo.
United Spirits is one of the leading spirits companies in the world and has a wide range of popular brands in its portfolio. The team was previously captained by Indian cricket legend Virat Kohli.
Chennai Super Kings – India Cements
The Chennai Super Kings, known for their consistent performance in the IPL, is owned by India Cements, a leading cement manufacturer in India.
The team is captained by former Indian cricket captain Mahendra Singh Dhoni, who is also considered the face of the franchise. India Cements has been associated with the team since the inception of the IPL and has been instrumental in its success.
Kings XI Punjab – Preity Zinta, Ness Wadia, Mohit Burman, and Karan Paul
The Kings XI Punjab, based in Punjab, is co-owned by a consortium of individuals, including Bollywood actress Preity Zinta, businessman Ness Wadia, Mohit Burman, and Karan Paul.
Preity Zinta, known for her successful acting career in Bollywood, is also known for her passion for cricket. Ness Wadia is a businessman and a scion of the Wadia Group, which has interests in textiles, aviation, and more.
Mohit Burman is a prominent entrepreneur, and Karan Paul is a part of the Paul family, which has interests in the manufacturing and infrastructure sectors.
Rajasthan Royals – Emerging Media
The Rajasthan Royals, the team that won the inaugural IPL in 2008, is owned by Emerging Media, a company based in the United Kingdom.
Emerging Media is owned by Manoj Badale, a British businessman, and philanthropist. The team has a strong focus on nurturing young talent and has been known for its unique team composition strategies.
Delhi Capitals – GMR Group and JSW Group
The Delhi Capitals, based in the capital city of India, is co-owned by the GMR Group and the JSW Group. The GMR Group is a conglomerate with interests in various sectors, including airports, energy, and more.
The JSW Group, on the other hand, is a conglomerate with interests in steel, energy, cement, and more. Both groups have been actively involved in the development of sports infrastructure in India, including owning teams in other sports leagues.
The Delhi Capitals, captained by young Indian cricketer Rishabh Pant, has been known for its aggressive and dynamic style of play in recent years.
Sunrisers Hyderabad – Sun TV Network
The Sunrisers Hyderabad, based in Hyderabad, is owned by Sun TV Network, one of the largest media conglomerates in India.
The Sun TV Network has a strong presence in the South Indian media industry, with interests in television, film production, and more.
The team has been successful in the IPL, winning the championship in 2016, and has a strong fan following in the region.
Lucknow Super Giants: RPSG Group (Sanjiv Goenka)
The RPSG Group, owned by Sanjiv Goenka, has emerged as the owner of the new IPL team – Lucknow Super Giants.
The bidding war for the Lucknow team took place in the IPL auctions held by the Board of Control for Cricket in India (BCCI) in Dubai on October 25, 2021.
The RPSG Group secured the team with a staggering bid of 7090 crores, which was approximately 250% more than BCCI’s base price of INR 2000 crores for the IPL team.
The RPSG Group, under the leadership of Sanjiv Goenka, has been actively involved in various industries such as power, infrastructure, FMCG, and hospitality.
With their vast experience and resources, the RPSG Group is expected to bring in new strategies and innovations to the Lucknow Super Giants team, aiming to make a mark in the highly competitive IPL.
Gujarat Titans: CVC Capitals
CVC Capitals has emerged as the owner of the Gujarat Titans, which is the latest addition to the IPL team list.
CVC Capitals won the bidding war with a massive bid of 5625 crores (over 692 million USD), which was approximately 160% more than BCCI’s base price for the IPL team.
The Gujarat Titans, led by Hardik Pandya in the IPL 2022 season, made an impressive debut by winning the title against Rajasthan Royals in the finals.
This historic win made them the first debut team to clinch the IPL championship.
With CVC Capitals as the owner, the Gujarat Titans are expected to continue their quest for success in the upcoming IPL seasons, with their sights set on further victories.
Frequently Asked Questions (FAQs) About IPL Team Owners
Q 1: Which IPL owner is the richest?
A. The richest IPL owner is Mukesh Ambani, who owns the Mumbai Indians team.
Q 2: Who is the owner of RCB in 2023?
A. In 2023, the owner of Royal Challengers Bangalore (RCB) is United Spirits, a subsidiary of British alcoholic beverages company Diageo.
Q 3: Who is the owner of MI in IPL 2023?
A. Mumbai Indians (MI) will continue to be owned by India’s richest man, Mukesh Ambani, in IPL 2023.
Q 4: Which IPL team is owned by Preity Zinta?
A. Kings XI Punjab, now known as Punjab Kings, is owned by Preity Zinta along with Ness Wadia, Mohit Burman, and Karan Paul.
Q 5: How many IPL teams does SRK own?
A. Shah Rukh Khan (SRK) owns Kolkata Knight Riders (KKR), which is one of the ten teams in the IPL.
Q 6: Who is called the King of IPL?
A. Chennai Super Kings’ captain, MS Dhoni, is known as the King of IPL due to his numerous achievements in the tournament.
Q 7: Who is the No 1 captain in IPL?
A. Rohit Sharma, the captain of Mumbai Indians, is often considered the best captain in IPL due to his consistent success with the team.
Q 8: Who is the godfather of the IPL?
A. Lalit Modi, who is credited with creating the IPL and its franchise-based model, is often referred to as the godfather of the IPL.
Q 9: Who is the owner of Lucknow Super Giant?
A. Sanjiv Goenka, through his company RPSG Group, is the owner of the newly added team, Lucknow Super Giant.
Q 10: Who is the owner of GT?
A. CVC Capitals is the owner of the newest IPL team, Gujarat Titans, after winning the bidding war for the franchise.
Conclusion
In conclusion, the IPL team owners in 2023 are a diverse group of conglomerates, companies, and individuals who bring their unique backgrounds, investments, and contributions to the league.
From business magnates to Bollywood stars, these team owners have played a crucial role in the success and popularity of the IPL.
With their financial resources, business acumen, and passion for the sport, these team owners have created a competitive and entertaining cricketing extravaganza that attracts millions of fans worldwide.
Friends, you can also follow us on our below social media channels to get the updates first!
