Who Is The Owner Of Gujarat Titans – IPL is like a festival, which everyone waits for. Indians have a lot of passion for cricket, there are crores of cricket fans. The Indian Premier League is organized by the Board of Control for Cricket in India, in which teams from different states of the country enter the field.
Let us tell you that the starting year of IPL was 2008, and the first IPL was played between 18 April to 1 June. In the 2008 IPL, 59 matches were held between eight teams. Earlier there used to be 8 teams, and now their number is 10.
Now there are 10 teams in IPL, and today we are going to talk about Gujarat Titans. In today’s article you will know who is the owner of Gujarat Titans, and some information related to him –
Who Is The Owner Of Gujarat Titans (GT Owner Name And Photo)
The owner of GT Team i.e. Gujarat Titans is CBC Capital Partners. This franchise is owned by CVC Capital Partners. CVC Capital Parton is a French private equity and investment firm, based in Luxembourg.
CVC Capital has bought all the players of Ahmedabad franchise i.e. Gujarat Titans team by bidding a total of Rs 5625 crores.
Gujarat Titans or GT is a professional franchise cricket team based in Ahmedabad city of Gujarat state, India, which competes in the Indian Premier League (IPL). GT’s home ground is Narendra Modi Stadium in Motera.
About CBC Capital Partners
CVC Capital Partners is not an India company, it is a French equity and investment company based in Luxembourg. It was started in 1981 by Donald McKenzie, Jiri Zrust, Rollie Van Rappard and Steve Kolts.
Today, this company is known as a big investment company in the world. The special thing is that even before purchasing the cricket franchise in 2022, this company had invested in the game. CVC also has stakes in England’s Rugby Union League and the United Rugby Championship.
CVC Capital Partners is headquartered in Luxembourg with its main office in London. According to their website, CVC manages funds from more than 300 investors worldwide and invests in at least 37 countries. The firm has stakes in businesses such as Fidelis Insurance, Acronis, Breitling and Theramex.
History of IPL
BCCI (Board of Control for Cricket in India) had announced the start of the Indian Premier League in the year 2007 and this league was started only one year after this announcement i.e. in the year 2008.
Eight teams participated in the first IPL and 59 matches were held during this period. The final match was played between Rajasthan Royals and Chennai Super Kings at the DY Patil Stadium in Navi Mumbai.
DLF had the sponsorship of IPL till the year 2012. In the year 2013, the sponsorship of IPL went to Pepsi. About $72 million was paid by Pepsi for its takeover.
In the year 2015, the sponsorship of IPL went to a Chinese smartphone maker company, whose name was Vivo. This contract was for two years, so sponsorship was also done by Vivo in 2015 and 2016.
In every season of IPL, many types of awards are given to the players and two of these awards are Orange and Purple Cap. Orange cap is made for batsmen and purple cap is made for bowlers.
This cap goes to the batsman who scores the most runs in the IPL season and in this way, by the time of the final matches, this cap is with the batsman who has scored the most runs in the current season, similarly with the bowler. It also happens.
FAQs
For how much was Gujarat Titans team purchased?
Gujarat Titans was bought for Rs 5625 crore.
What is the name of the owner of Gujarat Titans?
Gujarat Titans (GT) is owned by CVC Capital.
Who is the owner of Gujarat Titans team?
The owner of Gujarat Titans team is CBC Capital Partners.
Whose team is Gujarat?
The Gujarat team is owned by CBC Capital Partners.
Conclusion
In today’s article, we have provided you with many important information related to who is the owner of GT. We hope you liked this article. If you liked this article GT Owner Name then please share it.