The IPL Team Owners: Architects of Cricketing Prestige and Powerhouses of Commercial Might

The Indian Premier League (IPL) stands as a monumental phenomenon in the realm of cricket, transcending the boundaries of sport to become a global commercial powerhouse. Founded in 2007 by the Board of Control for Cricket in India (BCCI), the IPL’s inaugural season in 2008 heralded a new era, fusing the thrill of cricket with the glitz and glamour reminiscent of entertainment extravaganzas.

IPL Team Owners List

TeamsOwnersOwners BusinessBrand Value (USD Million)
Chennai Super KingsN SrinivasanChennai Super Kings Cricket Limited80.6
Mumbai IndiansMukesh Ambani, Reliance IndustriesReliance Industries87
Royal Challengers BangaloreUnited SpiritsUnited Spirits69.8
Kolkata Knight RidersShah Rukh Khan, Juhi ChawlaRed Chillies Entertainment and Mehta Group78.6
Delhi CapitalsJSW Sports (50%), GMR Group (50%)GMR Group and JSW Group64.1
Rajasthan RoyalsThe Royal Sports GroupBritish Asian Trust62.5
Punjab KingsPreity Zinda, Ness Wadia, Mohit Burman, Karan PaulBombay Burmah Trading Company45.3
Sunrisers HyderabadKalanithi MaranSUN Group48.2
Lucknow Super GiantsRPSG GroupRP Sanjiv Goenka group47
Gujarat TitansCVC Capitals PartnersSiddharth Patel of CVC Capitals Partners65.4

Mumbai Indians:

Mumbai Indians Logo

Owned by Reliance Industries, led by Mukesh Ambani and Nita Ambani, Mumbai Indians have clinched the Indian Premier League title five times—2013, 2015, 2017, 2019, and 2020—emerging as a dominant force in the league. Their consistent success mirrors the ambition and astute management of the Ambani family.

Chennai Super Kings:

Under the stewardship of N. Srinivasan, Chennai Super Kings have notched up five IPL titles (2010, 2011, 2018, 2021, and 2023), becoming a symbol of consistency and fan loyalty. Despite a brief setback due to a suspension in 2015, CSK’s legacy remains intact, driven by their strong leadership and unwavering support base.

Royal Challengers Bangalore:

Royal Challengers Bangalore

Contrary to popular belief, Royal Challengers Bangalore is owned by United Spirits Ltd., a subsidiary of Diageo, dispelling misconceptions surrounding its ownership. While RCB is yet to clinch an IPL title, its allure remains undiminished, propelled by star players like Virat Kohli.

Kolkata Knight Riders:

Kolkata Knight Riders

Co-owned by Bollywood superstar Shah Rukh Khan, actress Juhi Chawla, and Jay Mehta, Kolkata Knight Riders have left an indelible mark on the IPL landscape with two championship victories in 2012 and 2014. Their strategic acquisitions and innovative marketing initiatives have solidified their position as a cricketing powerhouse.

Delhi Capitals:

Delhi Capitals

Owned by a partnership between the GMR Group and the JSW Group, Delhi Capitals underwent a transformative journey, culminating in a rebranding from Delhi Daredevils. This strategic collaboration infused fresh vigour into the franchise, setting the stage for future success.

Rajasthan Royals:

Rajasthan Royals

Backed by a diverse ownership group including Manoj Badale, Lachlan Murdoch, Amisha Hathiramani, and Ryan Tkalcevic, Rajasthan Royals epitomize the spirit of innovation and underdog resilience. Despite facing challenges, including a suspension, RR’s unexpected triumph in the inaugural season showcased their potential to defy the odds.

Punjab Kings:

Punjab Kings

With a consortium featuring Preity Zinta, Ness Wadia, Mohit Burman, and Karan Paul, Punjab Kings embody a blend of glamour and business acumen. While success in the IPL has eluded them so far, their high-profile ownership underscores their commitment to the league.

SunRisers Hyderabad:

Sunrisers Hyderabad

Originally Deccan Chargers, Sunrisers Hyderabad underwent a transition under the ownership of the SUN Group, led by Kalanithi Maran. Their journey reflects the resilience and adaptability required to thrive in the competitive IPL landscape.

Gujarat Titans:

Gujarat Titans

CVC Capitals’ acquisition of Gujarat Titans represents a bold step towards expanding the IPL’s footprint, demonstrating their formidable financial backing and commitment to cricket. This strategic investment underscores the league’s evolution and growing global appeal.

Lucknow Super Giants:

Lucknow Super Giants

Led by Sanjiv Goenka of the RPSG Group, Lucknow Super Giants epitomize the IPL’s growth trajectory, marked by visionary leadership and strategic investments. Their emergence as a key player in the IPL underscores the league’s potential to attract top-tier investors and reshape the sporting landscape.

The IPL team owners, with their diverse backgrounds and deep pockets, have not only elevated the league to unprecedented heights but also redefined the intersection of sports, entertainment, and business, making the IPL a cultural phenomenon revered by fans worldwide.

TheTopBookies