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IPL Team Owners 2024

IPL Team Owners 2024
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The Indian Premier League (IPL) is one of the most important cricket leagues in the world. It has many teams, and each one is owned by a famous person or group. The Mumbai Indians are owned by Nita and Aakash Ambani of Reliance Industries, and the Chennai Super Kings are owned by N Srinivasan of India Cements Limited. The Royal Challengers Bangalore are run by Prathmesh Mishra, who is the Chairman of United Spirits Limited. Kiran Kumar Grandhi of the GMR Group and Parth Jindal of the JSW Group own the Delhi Capitals. The Kolkata Knight Riders are owned by Shah Rukh Khan of Red Chillies Entertainment, Jay Mehta, and Juhi Chawla of the Mehta Group.

There are also teams in the league, such as the Sunrisers Hyderabad, which is owned by Kalanithi Maran of Sun Network and the Gujarat Titans, which is owned by Siddharth Patel of CVC Capital Partners. Manoj Badale of Emerging Media Pvt Ltd, Lachlan Murdoch of Fox Media, Gerry Cardinale of RedBird Capital Partners, and Shane Warne of the Warne Family are some of the people who own the Rajasthan Royals. Sanjiv Goenka of the RPSG Group owns the Lucknow Super Giants. Mohit Burman of Dabur, Ness Wadia of the Wadia Group, Preity Zinta of PZNZ Media, and Karan Paul of the Apeejay Surrendra Group own the Punjab Kings. Each team brings its own style and a strong fan base to the IPL, which makes it a very exciting and anticipated sports event.

IPL 2024 Team Owners

As the owner of a sports team, you are responsible for many things, such as hiring players, coaches, crew members, making budgets, investing, planning auctions, and dealing with the media. Like in any other company, big decisions about how the franchise works can’t happen without the approval of the team owners. However, it’s not easy to own an IPL team. Along with handling internal and external issues, franchise owners are also responsible for maintaining the brand’s image around the world. Since the IPL started in 2008, there have been changes in who owns each franchise, but some owners have stayed the same and still run their teams in the lucrative game. This shows how important and difficult it is to own and run a team in one of the biggest cricket events in the world.

Mumbai Indians IPL 2024 Owners

The Mumbai Indians, the most famous IPL team, are owned by the Reliance Group, which is run by Indian business mogul Mukesh Ambani. Indiawin Sports Private Limited runs the business. This company is owned by Reliance Industries. Nita Ambani, who is married to Mukesh Ambani, and Aakash Ambani, who is their oldest son, both own shares in the team. Nita and Aakash are both involved in how the team works and what it does. The owners of the Mumbai Indians also own three sister teams in different leagues, one of which is a women’s team in the Women’s Premier League. This shows how much the Ambani family loves cricket and how determined they are to promote the game in all its forms and venues.

Chennai Super Kings IPL 2024 Owners

The Indian Premier League (IPL)’s Chennai Super Kings (CSK) is a well-known team. It is owned by India Cements Limited through its company, Chennai Super Kings Cricket Limited. In December 2014, this subsidiary was set up to handle how the CSK franchise ran. The rights to the team were given to Chennai Super Kings Cricket Limited from India Cements. It’s worth mentioning that Chennai Super Kings Cricket Limited is set up as a non-governmental organization.

N Srinivasan, who used to be president of the Board of Control for Cricket in India (BCCI), is Vice Chairman and Managing Director of India Cements and plays a key part in the franchise. Srinivasan has a lot of power over strategic and operational choices in the CSK franchise because he is a key decision-maker. Because of how he leads, CSK has been successful and is now one of the strongest teams in the IPL.

Kolkata Knight Riders IPL 2024 Owners

Two well-known groups own Kolkata Knight Riders (KKR). Shah Rukh Khan’s Red Chillies Entertainment has a majority stake of 55% in the brand. The team’s face is famous Indian actor Shah Rukh Khan, who gives the series star power and charisma. In contrast, the Mehta Group, which is run by Jay Mehta and Juhi Chawla, owns the remaining 45%.

Shah Rukh Khan’s Red Chillies Entertainment helps KKR with its star power, but the Mehta Group is mostly in charge of running the team and managing its activities. This includes important things like auction tactics, finding players, and running the team. These two groups work together to shape KKR’s character and how well they do in the Indian Premier League (IPL).

Rajasthan Royals IPL 2024 Owners

Over the years, there have been several changes to how the Rajasthan Royals are owned. As of 2023, Manoj Badale’s Emerging Media IPL Ltd. owns 65% of the license. This company is very important to how the team is managed and what decisions are made. In addition, an investment company based in New York called RedBird Capital Partners owns 15% of the franchise. The founder of RedBird Capital Partners, Garry Cardinale, looks out for the group’s interests and is involved in the Rajasthan Royals’ business. Lachlan Murdoch from Fox Corporation is another important shareholder, though the exact amount of his stock has not been made public. All of these groups have an impact on the Rajasthan Royals’ direction and progress in the Indian Premier League (IPL).

Sunrisers Hyderabad IPL 2024 Owners

Sunrisers Hyderabad is an IPL team based in Hyderabad. It is owned by Sun Group, which is run by Kalanithi Maran. When the Deccan Chargers were kicked off the court in 2012, Sun Group bought the team. Kavya Maran, Kalanithi Maran’s daughter, is a co-owner of the club and is often seen bidding for the team at public events like the IPL auction. Kavya has played a bigger part in overseeing the team’s work since 2020, helping to set its strategic direction and run it. Sunrisers Hyderabad is still a strong team in the IPL, with Kalanithi and Kavya Maran in charge and Sun Group as its owner. They are also still trying to win on the cricket field.

Gujarat Titans IPL 2024 Owners

The Indian cricket board added two new teams to the Indian Premier League (IPL) for the 2022 season so that it could return to its original 10-team model. The Gujarat Titans were one of these teams. This growth was a big moment in the history of the league. The Gujarat Titans were bought by CVC Capital Partners, a well-known British private equity and investment advisory company. They made a very high bid of INR 5625 crore to buy the franchise, which shows how valuable and sought after IPL teams are. The Gujarat Titans started their journey in the IPL with CVC Capital Partners in charge. They wanted to make their name in India’s very competitive cricket scene.

Royal Challengers Bangalore IPL 2024 Owners

Royal Challengers Bangalore (RCB) is a well-known team in the Indian Premier League (IPL). It is owned by United Spirits Limited (USL), which is a division of the Diageo Group. Prathmesh Mishra took over as chairman of the RCB from Anand Kripalu in July 2021. RCB continues to strive for success in the IPL under Mishra’s direction. Additionally, USL has grown its sports activities by investing in the Women’s Premier League, which shows their dedication to supporting cricket at all levels. With a franchise worth INR 971 crore, USL’s participation in women’s cricket shows how committed they are to developing talent and diversity in the sport. Working with USL will help RCB continue to change and grow, which is good for both the team and its fans.

Delhi Capitals IPL 2024 Owners

The Delhi Capitals are owned by two well-known groups: the JSW Group, which is run by Parth Jindal, and the GMR Group, which is led by businessperson Kiran Grandhi. The fact that both groups own equal amounts of the brand shows that the partnership is fair. Since Parth Jindal is the head of the Delhi Capitals, he is very involved in running the team. In addition to running the IPL auction, he is also in charge of sister teams in the Women’s Premier League and foreign T20 leagues. Kiran Grandhi, who is the CEO and MD of the GMR Group and works with Parth, helps with the general direction and day-to-day running of the Delhi Capitals. Together, they make sure that the team runs smoothly and achieves its goals, creating an atmosphere where everyone works together to reach the highest level of sports performance.

Punjab Kings IPL 2024 Owners

The Punjab Kings are an IPL team from Punjab, and they have a diverse ownership system with four major stakeholders. The company that owns the franchise is KPH Dream Cricket Pvt. Ltd, and Mohit Burman, who works for Dabur, has a 46% stake in it. Ness Wadia from the Wadia Group and Preity Zinta from PZNZ Media have both joined, and each has an equal 23% stake. The business also has an 8% stake owned by Karan Paul, who is connected to the Apeejay Surrendra Group. This form of shared ownership brings together experts from different fields, which helps the Punjab Kings’ strategic direction and success. With each owner bringing their own ideas and resources to the table, the team gets a well-rounded approach to running and managing it, which gives it an edge in the IPL.

Lucknow Super Giants IPL 2024 Owners

In October 2021, the RPSG Group, led by Sanjiv Goenka, made a winning bid of Rs 7090 crore to get the franchise rights for a team in Lucknow. The group had owned the Rising Pune Supergiant team during the 2016 and 2017 Indian Premier League (IPL) seasons. This was a big change for them. The RPSG Group wants to make a big difference in cricket. They have a lot of experience owning IPL teams and have put a lot of money into the Lucknow club. Their goal is to actively contribute to the growth and development of cricket in India. This strategic acquisition fits with that goal and will make the IPL even better and add to the country’s general sporting culture.

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