IPL Team Owners 2023: Friends, as you all know that IPL i.e. Indian Premier League, this league is one of the biggest leagues in the world and it is the biggest league of cricket. This league was started in the year 2008 by Lalit Modi and BCCI and the winner of the first season was Rajasthan Royal. Talking about the owners of IPL teams, most people do not know anyone other than Nita Ambani, Preity Zinta and Shah Rukh Khan. So in today’s article, we will tell you about all the IPL Team Owners of Tata IPL 2023.
IPL Team Owners 2023
A total of 15 teams have participated in the IPL to date, out of which 5 teams are no longer a part of this tournament. All the details of IPL Team Owners in 2023 are given below.
Chennai Super Kings (N Srinivasan)
The owner of Chennai Super Kings is a company named Chennai Super Kings Cricket Limited, which is owned by India Cement Company. India Cements has been the owner of Chennai Super Kings since 2008, the first year of the IPL, and currently, the Managing Director of the company is N Srinivasan.
Srinivasan has also been a former President of the International Cricket Council and BCCI and that is why Srinivasan also handles the work of team management of CSK. Chennai Super Kings represent Chennai, Tamil Nadu and their home ground is M. A. Chidambaram Stadium.
Mumbai Indians (Mukesh Ambani)
The ownership of Mumbai Indians is with Mukesh Ambani’s company Reliance Industries Limited since 2008. When the IPL team and franchise were being formed in 2008, Mukesh Ambani’s company Reliance Industries Limited bought the Mumbai franchise for about 821 crores. And with this amount, Mumbai Indians became the most expensive team in the IPL.
The management and all the necessary work of the Mumbai Indians team are handled by Mukesh Ambani and his wife Nita Ambani and their son Akash Ambani. Mumbai Indians represent Mumbai, Maharashtra and their home ground is Wankhede Stadium.
Kolkata Knight Riders (Shahrukh Khan)
The ownership of Kolkata Knight Riders is with not just one but 2 Indian companies. The first owner of the KKR team is with Shah Rukh Khan’s company Red Chillies Entertainment and this company owns 55% of the KKR team. The second owner of the KKR team is with the Mehta Group of Companies, which owns 45% of the team. The Chairman of the Mehta Group of Companies is Jai Mehta, who is also the husband of Bollywood actress Juhi Chawla.
Kolkata Knight Riders represent Kolkata, West Bengal and their home ground is Eden Gardens.
Royal Challengers Bangalore (Anand Kripalu)
Friends, the ownership of the Royal Challengers Bangalore team is currently with United Spirits Limited Company, whose CEO and Managing Director is Anand Kripalu. In the year 2008, this franchise was bought for 119 million dollars approximately Rs 819 crores. It was the second most expensive team in IPL after Mumbai Indians and at that time Vijay Mallya was the chairman of United Spirits Limited Company and the owner of the Royal Challengers team.
Royal Challengers Bangalore represent Bangalore, Karnataka and their home ground is M. Chinnaswamy Stadium.
Lucknow Supergiants (Sanjiv Goenka)
Friends, Lucknow Supergiant is the name of one of the two new teams of IPL. The Lucknow Supergiants team is owned by the Sanjiv Goenka (RPSG Group), who had also participated in the IPL before, that was in 2016-17, the name of that team was Rising Pune Supergiants, for which the 2016 captain was MS Dhoni and the 2017 captain was Steve Smith of Australia.
For the Lucknow franchise, RPSG Group has secured its rights with huge money of Rs 7090 crores. And this year the captaincy of the team is KL Rahul, a rising multi-talented player of Team India and the team coach is Andy Flower of South Africa.
This team represents Lucknow, Uttar Pradesh and their home ground is BRSABV Ekana Cricket Stadium.
Gujarat Titans (Siddharth Patel)
The second new team of IPL is Gujarat Titans and its owner is Siddharth Patel (CVC Capital Partners). The captain of this team is Hardik Pandya and Ashish Nehra is the coach of this team. CVC Capital Partners has given Rs 5625 crore to acquire this franchise.
This team represents Gujarat and their home ground is Narendra Modi Stadium, in which around 1,32,000 people can enjoy the match.
Delhi Capitals (Parth Jindal)
At present, the ownership of the Delhi Capitals team is with two companies JSW Group and GMR Group. These two companies were not together from the beginning, in 2008 GMR Group alone bought this team. At that time the name of the Delhi Capitals team was Delhi Daredevils, then from 2008 to 2017 the ownership of this team was only GMR Group.
While in 2008, JSW Group acquired a 50% stake in this team by paying an amount of Rs 550 crores. The director of Delhi Capitals is Parth Jindal, who also handles tasks like IPL auction and team operations. Delhi Capitals represent Delhi and their home ground is Arun Jaitley Stadium.
Rajasthan Royals (Manoj Badhale)
Friends, the Rajasthan Royals team has five owners. The first and main owner of this team is Tesco International Limited Company, which is owned by Ameesha Hathiramani, who owns 44.2% of the Rajasthan Royals team. The other owner of this team is Manoj Badhale of Emerging Media Limited who owns a 32.4% stake.
The third owner of this team is American businessman Lachlan Murdoch who owns 11.7 per cent. The fourth owner is the famous businessman Ryan who owns 8.7% of the team. The fifth owner of Rajasthan Royals is former Australian cricketer Shane Warne who owns 3% of the team.
Rajasthan Royals represent Rajasthan and their home ground is Sawai Mansingh Cricket Stadium.
Punjab Kings (Mohit Varman)
The Punjab Kings IPL team owners have not one but four. Mohit Varman, director of the famous Indian company Dabur, is the first and largest owner of this team and owns 46% of the team. The second owner of this team is the famous British Indian businessman Ness Wadia who owns 23% of the team.
The third owner of this team is Bollywood actress Preity Zinta, who owns 23% of the team. Preity Zinta stays with the team every year at the time of the auction and during every match. The fourth owner of this team is Karan Paul who owns 8% of this team. The Punjab team represents Punjab and their home ground is the Inderjit Singh Bindra Cricket Stadium.
Sunrisers Hyderabad (Kalanithi Maran)
At present, the ownership of the Sunrisers Hyderabad team is with Kalanithi Maran of Sun TV Network. Kalanithi Maran is the sole owner of the Sunrisers Hyderabad team. In 2008, the ownership of the Hyderabad franchise was bought by Deccan Chronicle Limited Company and the team was renamed Deccan Chargers at that time. But in 2012 this team was replaced by Sunrisers Hyderabad.
Sunrisers Hyderabad represents Telangana and their home ground is Rajiv Gandhi International Cricket Stadium.
List of all IPL Team Owners 2023
All the IPL Team Owners list is given below:
|Team Name||Owner Name||Valuation||Champion (Yr)|
|Mumbai Indians||Mukesh Ambani||$1.3 billion||2013, 2015, 2017, 2019, 2020|
|Chennai Super Kings||N Srinivasan||$1.15 billion||2010, 2011, 2018, 2021|
|Kolkata Knight Riders||Shah Rukh Khan||$1.1 billion||2012, 2014|
|Sunrisers Hyderabad||Kalanithi Maran||$970 million||2016|
|Delhi Capitals||Parth Jindal||$1.035 billion||—-|
|Rajasthan Royals||Manoj Badale||$1 billion||2008|
|Punjab Kings||Mohit Burman||$925 million||—-|
|Lucknow Super Giants||Sanjiv Goenka||$1.075 billion||—-|
|Gujarat Titans||Siddharth Patel||$850 million||2022|
|Royal Challengers Bangalore||Anand Kripalu||$1.025 billion||—-|
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FAQs Related to IPL Team Owners 2023
Will IPL 2023 have 12 teams?
No, this year in Tata IPL 2023 only 10 teams will be competing with each other.
Who is the owner of RCB 2023?
The ownership of Royal Challengers Bangalore team is currently with United Spirits Limited Company, whose CEO and Managing Director is Anand Kripalu.