IPL Team Owners: Complete Details of IPL Team Owners 2024

Indian Premier League (IPL), Indian professional T-20 league that changed into mounted in 2008 and has evolved into one of the richest sports leagues in the world. The brainchild of the Board of Control for Cricket in India (BCCI), the Indian most suitable League (IPL) is based on a spherical-robin stage and knockout layout and has teams in predominant Indian cities.

List Of teams in IPL

The IPL isn’t always just a cricketing pageant; it is a multi-billion-greenback enterprise empire of passionate possession businesses. these individuals, enterprises, and media giants, play an essential position in shaping their franchises’ identities and riding their success. In IPL 2024, a captivating mix of familiar faces dominates the ownership scenario in IPL

Proudly owning an IPL team is completely skilful funding. they have massive risks and must provide you with new ways to generate sales from the event. some groups additionally have a couple of Owners. read this article to recognize approximately the IPL groups and owners

• Sunrisers Hyderabad
• Chennai Super Kings
• Rajasthan Royals
• Delhi Capitals
• Mumbai Indians
• Royal Challengers Bangalore
• Kolkata Knight Riders
• Punjab Kings
• Gujarat Titans
• Lucknow Supergiants

 IPL Team Owners in 2024

Details About IPL Team owners

1- Sunrisers Hyderabad owner- Kalanithi Maran

Sunrisers Hyderabad is owned with the aid of the SUN television community, a media conglomerate led using Kalanithi Maran. The sun organization is into several companies like movie and tv manufacturing, publishing, radio, cable tv, DTH provider, and broadcasting He offered the team after the Hyderabad-based team, Deccan Chargers, were terminated through the IPL before the 2013 season. Her daughter, Kaviya Kalanithi Maran, is seen at most of the fits of the Sunrisers Hyderabad, both home and away. The institution additionally owns the Sunrisers  Cape in SA20.

2- Rajasthan Royals owner- Manoj Badale

Rajasthan Royals is the Jaipur primarily based franchise and is one of the most well-known and fan-favoured teams in IPL. Rajasthan Royals is owned via businessman Manoj Badale-led Royals Sports Activities group (rising Media Carrying Holdings limited), which holds a 65% stake in the team moreover, RR was the winner of the primary ever IPL season in 2008, which received the biggest reputation. The emerging media sold the franchise for $67 Million. because then the fan base of RR is ever-growing, but the team went through some important scandals that tainted its name.

The preliminary majority owner of the RR was rising media, however, it attracted controversy regarding its ownership way again in 2010. the talk was regarding a silent shareholder who held a great part of the team and it changed into additionally stating that faux bids had also been made all through the public sale. This was all in opposition to the rules and policies of the BCCI.  In 2015 Businessman Raj Kundra and well-known actress Shilpa Shetty offered stakes in RR, but after that, their name became caught up in a betting and health fixing scandal which attracted the ban of two years for Rajasthan Royals alongside other teams

3- Royal Challengers Bangalore owner- United Spirits

Vijay Mallya previously owned this Team, but he has resigned as the owner and left the country because of the financial institution scam he was concerned in. Now, Kingfisher Airlines does not exist and the only owner of the RCB is United Spirits

The RCB franchise is presently owned by way of United Spirits Limited. RCB completed as runner-up in 3 instances within the IPL. United Spirits restrained, abbreviated to USL, is an Indian alcoholic liquids corporation, and the arena’s second-largest spirits organization through volume.

4- Gujarat Titans owner- CVC Capital partners

Gujarat Titans is a rather new franchise compared to all of the different franchises within the IPL however this team stunned absolutely everyone with their stunning overall performance and their win at the first ever IPL debut in 2022. GT was one of the franchises positioned up for auction in 2021. Many businesses were vying for the franchise, however CVC Capital partners won the rights with a bid of ₹ 5,625 crores (US$ 7 hundred million). CVC Capital partners is a French non-public fairness and investment firm primarily based out of Luxembourg

5- Lucknow Super Giants Owner- Sanjiv Goenka

Lucknow Super Giants is a particularly able new franchise that managed to make it to the playoffs in their both IPL season. Sanjiv Goenka is the owner of the Lucknow SuperGiants franchise within the Indian best League (IPL). The group is part of the RPSG organization, that’s a conglomerate with diverse pursuits in diverse sectors such as electricity and power, retail, sports, and leisure

6- Kolkata Knight Riders owners- Shah Rukh Khan, Juhi Chawla and Jay Mehta

Most important cause why lovers recognize KKR is that it’s owned by way of the King of Bollywood, Shah Rukh Khan, actress Juhi Chawla, and her husband Jay Mehta. some people flip up simply to get a glimpse of the Bollywood stars. KKR lifted the IPL Cup twice, in 2012 and 2014, under the captaincy of Gautam Gambhir. As of 2022, KKR is the third most precious IPL team at the back of the Mumbai Indians and CSK, with a valuation of $1.1 billion

7- Mumbai Indians Owner-Mukesh Ambani

The Mumbai Indians are the maximum valuable IPL team and additionally the maximum skilled. The team has won the IPL a record 5 times and is known for its aggressive batting and bowling lineups. The well-known IPL franchise Mumbai Indians is owned with the aid of IndianWin sports constrained a subsidiary of reliance industries founded in 2007. Indiawin owns a couple of groups in various sports franchises round the world. The sports department of Reliance industries is managed through the spouse of Mukesh Ambani, Mrs Nita Ambani and his son Akash Ambani.

8- Punjab Kings Owners-Preity Zinta, Ness Wadia, Mohit Burman, and Karan Paul

The Punjab Kings (previously Kings XI Punjab) franchise is jointly owned with the aid of Bollywood actress Preity Zinta, businessman Ness Wadia, Mohit Burman, and Karan Paul. The franchise changed into purchased in 2008, and notwithstanding no longer having gained an IPL name yet, the team has continually done well in the league. As of 2022, the Punjab Kings are the 9th most precious IPL team, with an expected fee of $925 million.

9- Delhi Capitals Owner- Parth Jindal

Delhi Capitals is one of the unique franchises of the Indian Premier League and is based in New Delhi. DC turned into at the beginning referred to as Delhi Daredevils (DD) and changed into offered via the GMR group for $84 million in 2008. However in 2018 when the JSW sports activities a subsidiary of JSW institution bought 1/2 of the stake of Delhi their devils they changed the name from DD to Delhi capitals. Parth Jindal, the director of JSW sports activities, came on board as chairman of the Delhi Capitals. DC is presently mutually owned by using the GMR institution and the JSW group. As of 2022, the Delhi Capitals are the fifth maximum valuable IPL group, with an anticipated value of $1.5 million

10- Chennai Super Kings Owner- N Srinivasan

CSK has established itself as one of the maximum a success IPL franchises, with 5 IPL titles. N. Srinivasan, the previous president of the BCCI, is the team owner of the Chennai Super Kings (CSK). N. Srinivasan is the India Cements handling Director. In 2015, the RM Lodha Committee suspended India Cements and banned Chennai Super Kings turned into banned from competing in the IPL for two years.

Frequently Asked Questions –

1- How many IPL teams are there this year?

There is total 10 IPL groups this year. They will be competing for the Ipl name starting 22 March 2024.

2- Who’s the richest IPL Owner?

Mukesh Ambani, Owner of Mumbai Indians, is considered one of the wealthiest people in India. Mukesh Ambani’s net worth is $113.7 billion as of March 2024. he is one of the richest humans in India and the world, and he has been always ranked the various top 10 richest people in the international through Forbes magazine.

3- How does the IPL group owner make a profit from the players?

IPL team Owners make a make the most of their players in numerous ways. The number one source of sales for IPL teams is through sponsorships, broadcasting rights, and ticket sales. these sales are then used to pay the gamers’ salaries and other expenses which includes team control and infrastructure.