The IPL is not just another cricket tournament. It’s an international phenomenon that attracted the attention of many. Behind each successful IPL stands an owner who plays a very crucial role in managing, financing, and ensuring his team’s success. So, in this article, we’re going to delve into the behind-the-scenes workers: the IPL team owners and their influence and who’s behind your favorite IPL teams.
Who owns the IPL?
Before I go further into the IPL team owners list, it would be important to clarify who the overall owner of IPL is. The Indian Premier League is owned and governed by the Board of Control for Cricket in India or BCCI, but each team is owned by a different franchise. The BCCI auctions the rights of every IPL team and people do IPL Cricket Betting, and the franchises control and manage how the teams operate, market, and run themselves.
Also, check – IPL Founder – Indian Premier League
IPL Team Owners List 2024
Given below is the latest list of owners of IPL teams till 2024. Let’s go through the list of owners for each team and see how much influence they have had on sports:
1. Chennai Super Kings (CSK)
- Owner: Chennai Super Kings Cricket Limited
- Key Persons: N. Srinivasan
The franchise is one of the favorite teams in the league. It is owned by Chennai Super Kings Cricket Limited. N. Srinivasan, former President of BCCI, holds the key to this successful team.
2. Mumbai Indians (MI)
- Owner: Reliance Industries
- Key Figures: Mukesh Ambani
Mumbai Indians are owned by India’s largest conglomerate, Reliance Industries, and belong to the house of Mukesh Ambani. The franchise has always been a strong force thanks to great support and sound management.
3. Royal Challengers Bangalore (RCB)
- Owner: United Spirits
- Key Figures: Prathmesh Mishra
Owned by United Spirits, a subsidiary of Diageo Group, RCB has tremendous fans following. Not yet able to win the IPL title, however, they have faced some incredible lineups over time.
4. Kolkata Knight Riders (KKR)
- Owner: Red Chillies Entertainment & Mehta Group
- Key Players: Shah Rukh Khan, Juhi Chawla
KKR co-owner Bollywood superstar Shah Rukh Khan, Juhi Chawla, and her husband, Jay Mehta. Star power of Shah Rukh Khan has made KKR one of the most in-demand franchises across the globe.
5. Delhi Capitals (DC)
- Owner: GMR Group & JSW Group
- Key Figures: Parth Jindal
GMR Group and the JSW Group share equal ownership of the team Delhi Capitals, while Parth Jindal, the son of Sajjan Jindal, is a significant figure in running the team.
Go Through – Fair Play Award IPL (2024-2008)
6. Punjab Kings (PBKS)
Owner: Preity Zinta, Ness Wadia, Karan Paul, Mohit Burman
Punjab Kings was one of those teams that shares equal co-ownership with a group of stakeholders, Bollywood actress Preity Zinta being one of them. Punjab Kings have had many ups and downs over the years but would be the kind of team which is once again to stay on top of its game.
7. Rajasthan Royals (RR)
Owner: Manoj Badale, Lachlan Murdoch
Rajasthan Royals is largely owned by Manoj Badale, an Indian businessman from the UK, although the team also has strong support through Lachlan Murdoch.
8. Sunrisers Hyderabad (SRH)
- Owner: Sun TV Network
- Key People: Kalanithi Maran
The Sunrisers Hyderabad is owned by Sun TV Network and is led by Kalanithi Maran. The team has won one IPL title during his tenure.
9. Lucknow Super Giants (LSG)
Owner: RPSG Group
Key People: Sanjiv Goenka
One of the IPL new owners is Sanjiv Goenka, who owns Lucknow Super Giants through the RPSG Group. The team has become a sensation even by joining the league recently.
10. Gujarat Titans (GT)
Owner: CVC Capital Partners
CVC Capital Partners is a private equity firm and is one of the new franchises that own the Gujarat Titans. The team wrote history by bagging the IPL trophy in its debut season in 2022.
Read more about – IPL Net Worth – IPL Team Valuation
Indian IPL Teams and Their Owners: Power Behind the Teams
Every team in the IPL is owned by a unique entity or group, often comprising business tycoons or Bollywood celebrities. The owner of all IPL teams plays an important role in team strategies, finances, and sponsorships. Here’s a quick breakdown of the IPL franchise owners:
- Chennai Super Kings: N. Srinivasan
- Mumbai Indians: Mukesh Ambani
- Royal Challengers Bangalore: United Spirits
- Kolkata Knight Riders: Shah Rukh Khan & Juhi Chawla
- Delhi Capitals: Parth Jindal
- Punjab Kings: Preity Zinta, Ness Wadia, others
- Rajasthan Royals: Manoj Badale
- Sunrisers Hyderabad: Kalanithi Maran
- Lucknow Super Giants: Sanjiv Goenka
- Gujarat Titans: CVC Capital Partners
Conclusion: The Driving Force Behind IPL Success
The IPL teams and their owners, significantly represent a fundamental pivotal force in the success of the tournament. From managing the players to sustaining financial stability, the real power players of IPL franchise owners are indeed positioned behind the scenes. Having such massive investments, boundless experience, and passion for the game, this is what makes IPL today.
Be it a CSK fan or an MI supporter, or any new franchise like the Gujarat Titans, the naming of owners for IPL teams adds to the glitter and glamour of the league. So next time you watch an IPL match, you know who is behind your favorite team!
In summary, the IPL all team owner name list changes from time to time, but there is one constant fact that is passion in the game. Wait for the update because businesses will keep booming with cricket. For more such articles keep a check on Indibet App!
Go Through – IPL Full Form: IPL Stands For Indian Premier League
FAQs on IPL Team Owners
1.Who owns the IPL?
The Indian Premier League is the ownership and administration of the Board of Control for Cricket in India, also abbreviated as the BCCI. However, every team is privately owned by different franchises or business entities.
2.Who are the IPL Team Owners in 2024?
Some of the significant owners of the IPL teams of the season 2024 include: N. Srinivasan of Chennai Super Kings, Mukesh Ambani of Mumbai Indians, Shah Rukh Khan of the Kolkata Knight Riders, Sanjiv Goenka of Lucknow Super Giants, and so many more.
3.Who are the new owners of the latest IPL franchises?
The most recently launched franchises include the Gujarat Titans, owned by CVC Capital Partners, and Lucknow Super Giants, owned by the RPSG Group (Sanjiv Goenka).
4.Do the owners of IPL decide on which player to pick?
The owners of different IPL teams do play a role; however, the final choice rests with the team’s coaching staff and management while preparing for the IPL auction and team strategy planning.
