The <a href="https://www.crictracker.com/t20/ipl-indian-premier-league/" target="_blank" rel="noopener"><strong>Indian Premier League</strong> </a>as a concept was an instant success in 2008. The players from different countries featured together for the first time in a T20 league. In this aspect, a lot of credit also goes to the owners, who took an interest in helping the IPL to prosper in India as well as around the world.

Apart from being one of the decision-makers in selecting players, the owners certainly play a key role in providing a suitable environment for the players. They are also responsible for taking care of the player&#8217;s accommodation and logistics. To date, the owners have been superlative with their efforts to manage the teams. Meanwhile, two new teams have been added to the Indian Premier League 2022. Let&#8217;s take a look at all of them.

<strong>Owners of All IPL 2022 Franchises</strong>

10. <strong>Royal Challengers Bangalore (RCB) &#8211; United Spirits</strong>

<img loading="lazy" class="wp-image-618861 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Royal-Challengers-Bangalore.jpg" alt="Royal Challengers Bangalore" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-618861" class="wp-caption-text">RCB is owned by United Spirits Limited, which has the largest market share in terms of alcoholic beverages. (Photo Source: IPL/BCCI)</figcaption>

One of the most popular franchises in the tournament was bought by renowned businessman Vijay Mallya in 2008. At that time, he was quite a success in his two key businesses, alcoholic beverages company United Spirits and Kingfisher Airlines.

Unfortunately, Vijay Mallya failed to pay the debt, which he used to expand Kingfisher Airlines, and thereby was involved in a major scam. Ahead of IPL 2016, Vijay Mallya resigned from the post of chairman of United Spirits, with the parent company Diageo India paying him INR 550 crores.

At present, RCB is owned by United Spirits Limited, which has the largest market share in terms of alcoholic beverages. The senior executive, Prathmesh Mishra is the chairman of Royal Challengers Bangalore currently.

9. <strong>Delhi Capitals (DC) &#8211; JSW &amp; GMR Group</strong>

<img loading="lazy" class="wp-image-565695 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Delhi-Capitals-2.jpg" alt="Delhi Capitals" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-565695" class="wp-caption-text">The JSW Group have also been the principal sponsor for Delhi Capitals for the last few years. (Photo Source: IPL/BCCI)</figcaption>

In 2008, the <a href="https://www.crictracker.com/kya-mazak-chal-raha-hai-twitter-disappointed-with-chetan-sakariya-not-playing-for-delhi-capitals/" target="_blank" rel="noopener"><strong>Delhi Capitals</strong> </a>(formerly Delhi Daredevils) was bought by the multinational conglomerate, GMR Group, which manages Infrastructure, Energy, Airports businesses in the country. Until 2017, the GMR Group was the sole owner of the franchise.

In 2019, JSW Steel, which is one of the giants in the fields of steel, energy, minerals formed a 50:50 joint partnership with GMR Group. The JSW Group have also been the principal sponsor for Delhi Capitals for the last few years. The managing director Parth Jindal has been quite active in supporting the teams at the stadium.

Since 2019, when JSW became the co-owner of Delhi Capitals, they have reached the playoffs each season until 2021, and certainly seem to be the lucky charm for the team.

8. <strong>Sunrisers Hyderabad (SRH) &#8211; SUN TV Group </strong>

<img loading="lazy" class="wp-image-565295 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Sunrisers-Hyderabad.jpg" alt="Sunrisers Hyderabad" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-565295" class="wp-caption-text">In the IPL 2022 auction, Kaviya Maran was the one holding the responsibility to pick players along with other members of Sunrisers Hyderabad. (Photo Source: IPL/BCCI)</figcaption>

In the inaugural edition, the Deccan Chargers were the franchise based out of Hyderabad and were owned by Deccan Chronicle. They featured in the IPL from 2008 to 2012, while also lifting the title in 2009. Unfortunately, the team was banned by the BCCI in 2012, after they were found to breach their contract terms.

The <a href="https://www.crictracker.com/ipl-2022-kane-williamson-fined-inr-12-lakh-for-srhs-slow-over-rate-against-rr/" target="_blank" rel="noopener"><strong>Sunrisers Hyderabad</strong></a> came forth to replace Deccan Chargers and made their debut in 2013. They are owned by SUN TV Group, which manages a total of 33 television channels, spanning six languages. They also own 67 FM radio stations, three daily newspapers, six magazines, and are certainly a giant in the mass media field.

The daughter of the founder Kaviya Maran is quite popular among cricket fans due to her active involvement in the team&#8217;s affairs. In the IPL 2022 auction as well, she was the one holding the responsibility to pick players along with other members.

7. <strong>Punjab Kings (PBKS) &#8211; Ness Wadia &amp; Preity Zinta</strong>

<img loading="lazy" class="wp-image-566858 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Punjab-Kings-2.jpg" alt="Punjab Kings" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-566858" class="wp-caption-text">In the IPL 2022 Auction, Ness Wadia, and Preity Zinta was the key member of the think-tank behind selecting the players of Punjab Kings. (Photo Source: Twitter/Indian Premier League)</figcaption>

<a href="https://www.crictracker.com/pbks-co-owner-ness-wadia-expresses-interest-in-acquiring-womens-ipl-team/" target="_blank" rel="noopener"><strong>Punjab Kings</strong></a> (formerly Kings XI Punjab) have been owned jointly by Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul since 2008. Mohit Burman owns Elephant Capital Plc and is also a director of FMCG Brand, Dabur, while Karan Paul is the chairman of Apeejay Surrendra Group, which has businesses in tea, hospitality, shipping, retail, and real estate.

Ness Wadia is also a successful businessman and is the managing director of Bombay Burmah Trading Corporation. He also has a stake in the FMCG company, Britannia Industries. In the IPL 2022 Auction, he was the key member of the think-tank behind selecting the players.

The fourth co-owner is Preity Zinta, who is a popular Bollywood actress. She owns a production house PZNZ Media and is also the owner of Stellenbosch Kings, which features in the Mzansi Super League, the premier South Africa T20 tournament.

6. <strong>Rajasthan Royals (RR) &#8211; Emerging Media Pvt. Ltd</strong>

<img loading="lazy" class="wp-image-619889 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Rajasthan-Royals-1.jpg" alt="Rajasthan Royals" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-619889" class="wp-caption-text">In the IPL 2022 Auction, Emerging Media Pvt. Ltd was the key member of the think-tank behind selecting the players of Rajasthan Royals. (Photo Source: IPL/BCCI)</figcaption>

The majority owner (65%) of the Rajasthan Royals franchise is Manoj Badale, who owns Emerging Media Pvt. Ltd and which is a market leader in the field of advertising. He is also a co-founder of 15 different businesses, with areas related to technology and financial services.

The other minority owners of the team are Lachlan Murdoch (13%) and RedBird Capital Partners (15%). The businessman Lachlan Murdoch is a well-known personality in the field of Mass Media in the UK, while RedBird Capital Partners is a private investment firm based in New York.

In 2009, Shilpa Shetty and Raj Kundra also bought a 11.7% stake in Rajasthan Royals and became the co-owners. But, they sold their entire stake in 2015 after Raj Kundra was convicted of illegal betting on IPL matches by the Supreme Court of India.

5. <strong>Gujarat Titans (GT) &#8211; CVC Capital Partners</strong>

<img loading="lazy" class="wp-image-619395 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Gujarat-Titans-team.jpg" alt="Gujarat Titans team" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-619395" class="wp-caption-text">In the IPL 2022 Auction, CVC Capital Partners was the key member of the think-tank behind selecting the players of Gujarat Titans. (Photo Source: IPL/BCCI)</figcaption>

The new entrant to the Indian Premier League, <a href="https://www.crictracker.com/twitter-reactions-gujarat-titans-trump-fellow-debutants-lucknow-super-giants-in-a-last-over-thriller/" target="_blank" rel="noopener"><strong>Gujarat Titans</strong> </a>, was bought by CVC Capital Partners, after winning the bid by shelling an amount of INR 5,625 crores. CVC Capital Partners is a Luxembourg=based private equity and investment advisory firm, having a presence with 24 offices around America, Europe, and Asia.

CVC Capital has been a prominent investor in the sports industry over the years. They hold around a 11% share in one of the popular European football tournaments, La Liga. In the past, they made a huge chunk of money by selling their Formula 1 stake.

In the past year, they made investments in the games like Rugby and Volleyball. They forayed into cricket for the first time ever, due to the rising stature of the Indian Premier League.

4. <strong>Lucknow Super Giants (LSG) &#8211; RP Sanjeev Goenka Group </strong>

<img loading="lazy" class="wp-image-619391 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Lucknow-Super-Giants-.jpg" alt="Lucknow Super Giants" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-619391" class="wp-caption-text">In the IPL 2022 Auction, RP Sanjeev Goenka Group was the key member of the think-tank behind selecting the players of Lucknow Super Giants. (Photo Source: IPL/BCCI)</figcaption>

The second team to make their debut in the Indian Premier League in this edition is Lucknow Super Giants. They secured the Lucknow franchise after a winning bid of INR 7090 Crores. They have a variety of businesses in the areas of power and energy, carbon black manufacturing, FMCG, media, and entertainment, and are owned by Sanjeev Goenka.

The RPSG Group has an asset base of US $7 billion and a revenue of US $4 billion and is a supplier of power to Kolkata, Noida, Bikaner, and Kota through its flagship company, CESC. It is a subsidiary company of Spencer&#8217;s Retail, Firstsource, and Saregama.

The company was also the owner of Rising Pune Supergiant, which featured in the 2016 and 2017 editions of the Indian Premier League.

3. <strong>Mumbai Indians (MI) &#8211; Mukesh Ambani</strong>

<img loading="lazy" class="wp-image-618689 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Mumbai-Indians-team.jpg" alt="Mumbai Indians team" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-618689" class="wp-caption-text">In the IPL 2022 Auction, Mukesh Ambani was the key member of the think-tank behind selecting the players of Mumbai Indians. (Photo Source: IPL/BCCI)</figcaption>

<p><a href="https://www.crictracker.com/he-is-my-inspiration-god-everything-mumbai-indians-super-fan-pays-heartwarming-tribute-to-rohit-sharma/"><strong>The team</strong></a> with the most title victories in the Indian Premier League, has India&#8217;s richest person, Mukesh Ambani, the chairman and managing director of Reliance Industries, as its owner. Reliance Industries is a Fortune 500 Global Company and India&#8217;s most valuable company in terms of market value.</p><p>The company manages the operations of hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, and owns Jio, the biggest telecommunication service provider in India. Recently, it made inroads into the renewable energy sectors as well.</p><p>The Ambani family has been avid supporters of the team over the years. The likes of Nita Ambani and Aakash Ambani have been active in terms of player selections, cheering for the team at the grounds, and looking after the players.</p>

2. <strong>Chennai Super Kings (CSK) &#8211; Chennai Super Kings Ltd</strong>

<img loading="lazy" class="wp-image-618216 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Chennai-Super-Kings-team.jpg" alt="Chennai Super Kings team" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-618216" class="wp-caption-text">In the IPL 2022 Auction, Chennai Super Kings Ltd was the key member of the think-tank behind selecting the players of Chennai Super Kings. (Photo Source: IPL/BCCI)</figcaption>

The team with the highest winning percentage in the tournament&#8217;s history was bought by the leading cement manufacturing company, India Cements, in 2008.  The managing director of India Cements, N Srinivasan, is also a former chairman of the ICC and a former president of the BCCI.

In 2015, Lodha Committee suspended CSK for two years due to match-fixing. The key man behind the scandal was the son-in-law of N Srinivasan, Gurunath Meiyappan. After being found guilty, both Srinivasan and Gurunath Meiyappan were banned from the Indian Premier League.

Then the ownership of Chennai Super Kings was transferred to Chennai Super Kings Ltd, which is a subsidiary of India Cements and has a total of eight directors. The CSK team possesses a net worth of around INR 7600 crores.

1. <strong>Kolkata Knight Riders (KKR) &#8211; Red Chillies Entertainment &amp; Mehta Group</strong>

<img loading="lazy" class="wp-image-618215 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Kolkata-Knight-Riders-1.jpg" alt="Kolkata Knight Riders" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-618215" class="wp-caption-text">In the IPL 2022 Auction, Red Chillies Entertainment &amp; Mehta Group was the key members of the think-tank behind selecting the players of Kolkata Knight Riders. (Photo Source: IPL/BCCI)</figcaption>

The two Bollywood celebrities, <a href="https://www.crictracker.com/shah-rukh-khans-children-aryan-and-suhana-spotted-in-the-ipl-mega-auction-briefing/" target="_blank" rel="noopener"><strong>Shah Rukh Khan</strong></a> and Juhi Chawla, came together in 2008, to co-own a Kolkata-based franchise, and named it Kolkata Knight Riders. In this joint partnership, Red Chillies Entertainment owns a 55% share, while the Mehta Group has a 45% share in the franchise.

Red Chillies Entertainment is a visual effects, production, and distribution company founded by Shah Rukh Khan in 2003. The revenue of the company is estimated to be INR 4000 crores annually. The Mehta group is owned by the husband of Juhi Chawla, Jay Mehta and is involved in businesses like sugar, cement, and building materials.

In 2015, the owners decided to buy a stake in one of the teams of the Caribbean Premier League and named it Trinbago Knight Riders. They are also said to be in advanced talks to buy a team in the proposed UAE T20 League.

<p>The <a href="https://www.crictracker.com/t20/ipl-indian-premier-league/" target="_blank" rel="noopener"><strong>Indian Premier League</strong> </a>as a concept was an instant success in 2008. The players from different countries featured together for the first time in a T20 league. In this aspect, a lot of credit also goes to the owners, who took an interest in helping the IPL to prosper in India as well as around the world.</p>
<p>Apart from being one of the decision-makers in selecting players, the owners certainly play a key role in providing a suitable environment for the players. They are also responsible for taking care of the player’s accommodation and logistics. To date, the owners have been superlative with their efforts to manage the teams. Meanwhile, two new teams have been added to the Indian Premier League 2022. Let’s take a look at all of them.</p>
<h2><strong>Owners of All IPL 2022 Franchises</strong></h2>
<h3>10. <strong>Royal Challengers Bangalore (RCB) – United Spirits</strong></h3>
<figure id="attachment_618861" aria-describedby="caption-attachment-618861" class="wp-caption aligncenter" style="max-width: 100%; margin: 0;"><amp-img class="wp-image-618861 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Royal-Challengers-Bangalore.jpg" alt="Royal Challengers Bangalore" width="640" height="400" layout="responsive" style="max-width: 100%; margin: 0;"></amp-img><figcaption id="caption-attachment-618861" class="wp-caption-text">RCB is owned by United Spirits Limited, which has the largest market share in terms of alcoholic beverages. (Photo Source: IPL/BCCI)</figcaption></figure>
<p>One of the most popular franchises in the tournament was bought by renowned businessman Vijay Mallya in 2008. At that time, he was quite a success in his two key businesses, alcoholic beverages company United Spirits and Kingfisher Airlines.</p>
<p>Unfortunately, Vijay Mallya failed to pay the debt, which he used to expand Kingfisher Airlines, and thereby was involved in a major scam. Ahead of IPL 2016, Vijay Mallya resigned from the post of chairman of United Spirits, with the parent company Diageo India paying him INR 550 crores.</p>
<p>At present, RCB is owned by United Spirits Limited, which has the largest market share in terms of alcoholic beverages. The senior executive, Prathmesh Mishra is the chairman of Royal Challengers Bangalore currently.</p>
<p></p>
<h3>9. <strong>Delhi Capitals (DC) – JSW &amp; GMR Group</strong></h3>
<figure id="attachment_565695" aria-describedby="caption-attachment-565695" class="wp-caption aligncenter" style="max-width: 100%; margin: 0;"><amp-img class="wp-image-565695 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Delhi-Capitals-2.jpg" alt="Delhi Capitals" width="640" height="400" layout="responsive" style="max-width: 100%; margin: 0;"></amp-img><figcaption id="caption-attachment-565695" class="wp-caption-text">The JSW Group have also been the principal sponsor for Delhi Capitals for the last few years. (Photo Source: IPL/BCCI)</figcaption></figure>
<p>In 2008, the <a href="https://www.crictracker.com/kya-mazak-chal-raha-hai-twitter-disappointed-with-chetan-sakariya-not-playing-for-delhi-capitals/" target="_blank" rel="noopener"><strong>Delhi Capitals</strong> </a>(formerly Delhi Daredevils) was bought by the multinational conglomerate, GMR Group, which manages Infrastructure, Energy, Airports businesses in the country. Until 2017, the GMR Group was the sole owner of the franchise.</p>
<p>In 2019, JSW Steel, which is one of the giants in the fields of steel, energy, minerals formed a 50:50 joint partnership with GMR Group. The JSW Group have also been the principal sponsor for Delhi Capitals for the last few years. The managing director Parth Jindal has been quite active in supporting the teams at the stadium.</p>
<p>Since 2019, when JSW became the co-owner of Delhi Capitals, they have reached the playoffs each season until 2021, and certainly seem to be the lucky charm for the team.</p>
<p></p>
<h3>8. <strong>Sunrisers Hyderabad (SRH) – SUN TV Group&nbsp;</strong></h3>
<figure id="attachment_565295" aria-describedby="caption-attachment-565295" class="wp-caption aligncenter" style="max-width: 100%; margin: 0;"><amp-img class="wp-image-565295 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Sunrisers-Hyderabad.jpg" alt="Sunrisers Hyderabad" width="640" height="400" layout="responsive" style="max-width: 100%; margin: 0;"></amp-img><figcaption id="caption-attachment-565295" class="wp-caption-text">In the IPL 2022 auction, Kaviya Maran was the one holding the responsibility to pick players along with other members of Sunrisers Hyderabad. (Photo Source: IPL/BCCI)</figcaption></figure>
<p>In the inaugural edition, the Deccan Chargers were the franchise based out of Hyderabad and were owned by Deccan Chronicle. They featured in the IPL from 2008 to 2012, while also lifting the title in 2009. Unfortunately, the team was banned by the BCCI in 2012, after they were found to breach their contract terms.</p>
<p>The <a href="https://www.crictracker.com/ipl-2022-kane-williamson-fined-inr-12-lakh-for-srhs-slow-over-rate-against-rr/" target="_blank" rel="noopener"><strong>Sunrisers Hyderabad</strong></a> came forth to replace Deccan Chargers and made their debut in 2013. They are owned by SUN TV Group, which manages a total of 33 television channels, spanning six languages. They also own 67 FM radio stations, three daily newspapers, six magazines, and are certainly a giant in the mass media field.</p>
<p>The daughter of the founder Kaviya Maran is quite popular among cricket fans due to her active involvement in the team’s affairs. In the IPL 2022 auction as well, she was the one holding the responsibility to pick players along with other members.</p>
<p></p>
<h3>7. <strong>Punjab Kings (PBKS) – Ness Wadia &amp; Preity Zinta</strong></h3>
<figure id="attachment_566858" aria-describedby="caption-attachment-566858" class="wp-caption aligncenter" style="max-width: 100%; margin: 0;"><amp-img class="wp-image-566858 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Punjab-Kings-2.jpg" alt="Punjab Kings" width="640" height="400" layout="responsive" style="max-width: 100%; margin: 0;"></amp-img><figcaption id="caption-attachment-566858" class="wp-caption-text">In the IPL 2022 Auction, Ness Wadia, and Preity Zinta was the key member of the think-tank behind selecting the players of Punjab Kings. (Photo Source: Twitter/Indian Premier League)</figcaption></figure>
<div class="yj6qo"><a href="https://www.crictracker.com/pbks-co-owner-ness-wadia-expresses-interest-in-acquiring-womens-ipl-team/" target="_blank" rel="noopener"><strong>Punjab Kings</strong></a> (formerly Kings XI Punjab) have been owned jointly by Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul since 2008. Mohit Burman owns Elephant Capital Plc and is also a director of FMCG Brand, Dabur, while Karan Paul is the chairman of Apeejay Surrendra Group, which has businesses in tea, hospitality, shipping, retail, and real estate.</div>
<div></div>
<div>Ness Wadia is also a successful businessman and is the managing director of Bombay Burmah Trading Corporation. He also has a stake in the FMCG company, Britannia Industries. In the IPL 2022 Auction, he was the key member of the think-tank behind selecting the players.</div>
<div></div>
<div>The fourth co-owner is Preity Zinta, who is a popular Bollywood actress. She owns a production house PZNZ Media and is also the owner of Stellenbosch Kings, which features in the Mzansi Super League, the premier South Africa T20 tournament.</div>
<div></div>
<p></p>
<h3>6. <strong>Rajasthan Royals (RR) – Emerging Media Pvt. Ltd</strong></h3>
<figure id="attachment_619889" aria-describedby="caption-attachment-619889" class="wp-caption aligncenter" style="max-width: 100%; margin: 0;"><amp-img class="wp-image-619889 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Rajasthan-Royals-1.jpg" alt="Rajasthan Royals" width="640" height="400" layout="responsive" style="max-width: 100%; margin: 0;"></amp-img><figcaption id="caption-attachment-619889" class="wp-caption-text">In the IPL 2022 Auction, Emerging Media Pvt. Ltd was the key member of the think-tank behind selecting the players of Rajasthan Royals. (Photo Source: IPL/BCCI)</figcaption></figure>
<div>The majority owner (65%) of the Rajasthan Royals franchise is Manoj Badale, who owns Emerging Media Pvt. Ltd and which is a market leader in the field of advertising. He is also a co-founder of 15 different businesses, with areas related to technology and financial services.</div>
<div></div>
<div>The other minority owners of the team are Lachlan Murdoch (13%) and RedBird Capital Partners (15%). The businessman Lachlan Murdoch is a well-known personality in the field of Mass Media in the UK, while RedBird Capital Partners is a private investment firm based in New York.</div>
<div></div>
<div>In 2009, Shilpa Shetty and Raj Kundra also bought a 11.7% stake in Rajasthan Royals and became the co-owners. But, they sold their entire stake in 2015 after Raj Kundra was convicted of illegal betting on IPL matches by the Supreme Court of India.</div>
<div></div>
<p></p>
<h3>5. <strong>Gujarat Titans (GT) – CVC Capital Partners</strong></h3>
<figure id="attachment_619395" aria-describedby="caption-attachment-619395" class="wp-caption aligncenter" style="max-width: 100%; margin: 0;"><amp-img class="wp-image-619395 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Gujarat-Titans-team.jpg" alt="Gujarat Titans team" width="640" height="400" layout="responsive" style="max-width: 100%; margin: 0;"></amp-img><figcaption id="caption-attachment-619395" class="wp-caption-text">In the IPL 2022 Auction, CVC Capital Partners was the key member of the think-tank behind selecting the players of Gujarat Titans. (Photo Source: IPL/BCCI)</figcaption></figure>
<div class="adL">The new entrant to the Indian Premier League, <a href="https://www.crictracker.com/twitter-reactions-gujarat-titans-trump-fellow-debutants-lucknow-super-giants-in-a-last-over-thriller/" target="_blank" rel="noopener"><strong>Gujarat Titans</strong> </a>, was bought by CVC Capital Partners, after winning the bid by shelling an amount of INR 5,625 crores. CVC Capital Partners is a Luxembourg=based private equity and investment advisory firm, having a presence with 24 offices around America, Europe, and Asia.</div>
<div></div>
<div>CVC Capital has been a prominent investor in the sports industry over the years. They hold around a 11% share in one of the popular European football tournaments, La Liga. In the past, they made a huge chunk of money by selling their Formula 1 stake.</div>
<div></div>
<div>In the past year, they made investments in the games like Rugby and Volleyball. They forayed into cricket for the first time ever, due to the rising stature of the Indian Premier League.</div>
<div></div>
<p></p>
<h3>4. <strong>Lucknow Super Giants (LSG) – RP Sanjeev Goenka Group&nbsp;</strong></h3>
<figure id="attachment_619391" aria-describedby="caption-attachment-619391" class="wp-caption aligncenter" style="max-width: 100%; margin: 0;"><amp-img class="wp-image-619391 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Lucknow-Super-Giants-.jpg" alt="Lucknow Super Giants" width="640" height="400" layout="responsive" style="max-width: 100%; margin: 0;"></amp-img><figcaption id="caption-attachment-619391" class="wp-caption-text">In the IPL 2022 Auction, RP Sanjeev Goenka Group was the key member of the think-tank behind selecting the players of Lucknow Super Giants. (Photo Source: IPL/BCCI)</figcaption></figure>
<div>The second team to make their debut in the Indian Premier League in this edition is Lucknow Super Giants. They secured the Lucknow franchise after a winning bid of INR 7090 Crores. They have a variety of businesses in the areas of power and energy, carbon black manufacturing, FMCG, media, and entertainment, and are owned by Sanjeev Goenka.</div>
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<div>The RPSG Group has an asset base of US $7 billion and a revenue of US $4 billion and is a supplier of power to Kolkata, Noida, Bikaner, and Kota through its flagship company, CESC. It is a subsidiary company of Spencer’s Retail, Firstsource, and Saregama.</div>
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<div>The company was also the owner of Rising Pune Supergiant, which featured in the 2016 and 2017 editions of the Indian Premier League.</div>
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<h3>3. <strong>Mumbai Indians (MI) – Mukesh Ambani</strong></h3>
<figure id="attachment_618689" aria-describedby="caption-attachment-618689" class="wp-caption aligncenter" style="max-width: 100%; margin: 0;"><amp-img class="wp-image-618689 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Mumbai-Indians-team.jpg" alt="Mumbai Indians team" width="640" height="400" layout="responsive" style="max-width: 100%; margin: 0;"></amp-img><figcaption id="caption-attachment-618689" class="wp-caption-text">In the IPL 2022 Auction, Mukesh Ambani was the key member of the think-tank behind selecting the players of Mumbai Indians. (Photo Source: IPL/BCCI)</figcaption></figure>
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<p><a href="https://www.crictracker.com/he-is-my-inspiration-god-everything-mumbai-indians-super-fan-pays-heartwarming-tribute-to-rohit-sharma/"><strong>The team</strong></a> with the most title victories in the Indian Premier League, has India’s richest person, Mukesh Ambani, the chairman and managing director of Reliance Industries, as its owner. Reliance Industries is a Fortune 500 Global Company and India’s most valuable company in terms of market value.</p>
<p>The company manages the operations of hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, and owns Jio, the biggest telecommunication service provider in India. Recently, it made inroads into the renewable energy sectors as well.</p>
<p>The Ambani family has been avid supporters of the team over the years. The likes of Nita Ambani and Aakash Ambani have been active in terms of player selections, cheering for the team at the grounds, and looking after the players.</p>
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<h3>2. <strong>Chennai Super Kings (CSK) – Chennai Super Kings Ltd</strong></h3>
<figure id="attachment_618216" aria-describedby="caption-attachment-618216" class="wp-caption aligncenter" style="max-width: 100%; margin: 0;"><amp-img class="wp-image-618216 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Chennai-Super-Kings-team.jpg" alt="Chennai Super Kings team" width="640" height="400" layout="responsive" style="max-width: 100%; margin: 0;"></amp-img><figcaption id="caption-attachment-618216" class="wp-caption-text">In the IPL 2022 Auction, Chennai Super Kings Ltd was the key member of the think-tank behind selecting the players of Chennai Super Kings. (Photo Source: IPL/BCCI)</figcaption></figure>
<div>The team with the highest winning percentage in the tournament’s history was bought by the leading cement manufacturing company, India Cements, in 2008.&nbsp; The managing director of India Cements, N Srinivasan, is also a former chairman of the ICC and a former president of the BCCI.</div>
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<div>In 2015, Lodha Committee suspended CSK for two years due to match-fixing. The key man behind the scandal was the son-in-law of N Srinivasan, Gurunath Meiyappan. After being found guilty, both Srinivasan and Gurunath Meiyappan were banned from the Indian Premier League.</div>
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<div>Then the ownership of Chennai Super Kings was transferred to Chennai Super Kings Ltd, which is a subsidiary of India Cements and has a total of eight directors. The CSK team possesses a net worth of around INR 7600 crores.</div>
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<h3>1. <strong>Kolkata Knight Riders (KKR) – Red Chillies Entertainment &amp; Mehta Group</strong></h3>
<figure id="attachment_618215" aria-describedby="caption-attachment-618215" class="wp-caption aligncenter" style="max-width: 100%; margin: 0;"><amp-img class="wp-image-618215 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Kolkata-Knight-Riders-1.jpg" alt="Kolkata Knight Riders" width="640" height="400" layout="responsive" style="max-width: 100%; margin: 0;"></amp-img><figcaption id="caption-attachment-618215" class="wp-caption-text">In the IPL 2022 Auction, Red Chillies Entertainment &amp; Mehta Group was the key members of the think-tank behind selecting the players of Kolkata Knight Riders. (Photo Source: IPL/BCCI)</figcaption></figure>
<div>The two Bollywood celebrities, <a href="https://www.crictracker.com/shah-rukh-khans-children-aryan-and-suhana-spotted-in-the-ipl-mega-auction-briefing/" target="_blank" rel="noopener"><strong>Shah Rukh Khan</strong></a> and Juhi Chawla, came together in 2008, to co-own a Kolkata-based franchise, and named it Kolkata Knight Riders. In this joint partnership, Red Chillies Entertainment owns a 55% share, while the Mehta Group has a 45% share in the franchise.</div>
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<div>Red Chillies Entertainment is a visual effects, production, and distribution company founded by Shah Rukh Khan in 2003. The revenue of the company is estimated to be INR 4000 crores annually. The Mehta group is owned by the husband of Juhi Chawla, Jay Mehta and is involved in businesses like sugar, cement, and building materials.</div>
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<div>In 2015, the owners decided to buy a stake in one of the teams of the Caribbean Premier League and named it Trinbago Knight Riders. They are also said to be in advanced talks to buy a team in the proposed UAE T20 League.</div>
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<p>The <a href="https://www.crictracker.com/t20/ipl-indian-premier-league/" target="_blank" rel="noopener"><strong>Indian Premier League</strong> </a>as a concept was an instant success in 2008. The players from different countries featured together for the first time in a T20 league. In this aspect, a lot of credit also goes to the owners, who took an interest in helping the IPL to prosper in India as well as around the world.</p>
<p>Apart from being one of the decision-makers in selecting players, the owners certainly play a key role in providing a suitable environment for the players. They are also responsible for taking care of the player&#8217;s accommodation and logistics. To date, the owners have been superlative with their efforts to manage the teams. Meanwhile, two new teams have been added to the Indian Premier League 2022. Let&#8217;s take a look at all of them.</p>
<h2><strong>Owners of All IPL 2022 Franchises</strong></h2>
<h3>10. <strong>Royal Challengers Bangalore (RCB) &#8211; United Spirits</strong></h3>
<figure id="attachment_618861" aria-describedby="caption-attachment-618861" style="width: 640px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-618861 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Royal-Challengers-Bangalore.jpg" alt="Royal Challengers Bangalore" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-618861" class="wp-caption-text">RCB is owned by United Spirits Limited, which has the largest market share in terms of alcoholic beverages. (Photo Source: IPL/BCCI)</figcaption></figure>
<p>One of the most popular franchises in the tournament was bought by renowned businessman Vijay Mallya in 2008. At that time, he was quite a success in his two key businesses, alcoholic beverages company United Spirits and Kingfisher Airlines.</p>
<p>Unfortunately, Vijay Mallya failed to pay the debt, which he used to expand Kingfisher Airlines, and thereby was involved in a major scam. Ahead of IPL 2016, Vijay Mallya resigned from the post of chairman of United Spirits, with the parent company Diageo India paying him INR 550 crores.</p>
<p>At present, RCB is owned by United Spirits Limited, which has the largest market share in terms of alcoholic beverages. The senior executive, Prathmesh Mishra is the chairman of Royal Challengers Bangalore currently.</p>
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<h3>9. <strong>Delhi Capitals (DC) &#8211; JSW &amp; GMR Group</strong></h3>
<figure id="attachment_565695" aria-describedby="caption-attachment-565695" style="width: 640px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-565695 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Delhi-Capitals-2.jpg" alt="Delhi Capitals" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-565695" class="wp-caption-text">The JSW Group have also been the principal sponsor for Delhi Capitals for the last few years. (Photo Source: IPL/BCCI)</figcaption></figure>
<p>In 2008, the <a href="https://www.crictracker.com/kya-mazak-chal-raha-hai-twitter-disappointed-with-chetan-sakariya-not-playing-for-delhi-capitals/" target="_blank" rel="noopener"><strong>Delhi Capitals</strong> </a>(formerly Delhi Daredevils) was bought by the multinational conglomerate, GMR Group, which manages Infrastructure, Energy, Airports businesses in the country. Until 2017, the GMR Group was the sole owner of the franchise.</p>
<p>In 2019, JSW Steel, which is one of the giants in the fields of steel, energy, minerals formed a 50:50 joint partnership with GMR Group. The JSW Group have also been the principal sponsor for Delhi Capitals for the last few years. The managing director Parth Jindal has been quite active in supporting the teams at the stadium.</p>
<p>Since 2019, when JSW became the co-owner of Delhi Capitals, they have reached the playoffs each season until 2021, and certainly seem to be the lucky charm for the team.</p>
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<h3>8. <strong>Sunrisers Hyderabad (SRH) &#8211; SUN TV Group </strong></h3>
<figure id="attachment_565295" aria-describedby="caption-attachment-565295" style="width: 640px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-565295 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Sunrisers-Hyderabad.jpg" alt="Sunrisers Hyderabad" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-565295" class="wp-caption-text">In the IPL 2022 auction, Kaviya Maran was the one holding the responsibility to pick players along with other members of Sunrisers Hyderabad. (Photo Source: IPL/BCCI)</figcaption></figure>
<p>In the inaugural edition, the Deccan Chargers were the franchise based out of Hyderabad and were owned by Deccan Chronicle. They featured in the IPL from 2008 to 2012, while also lifting the title in 2009. Unfortunately, the team was banned by the BCCI in 2012, after they were found to breach their contract terms.</p>
<p>The <a href="https://www.crictracker.com/ipl-2022-kane-williamson-fined-inr-12-lakh-for-srhs-slow-over-rate-against-rr/" target="_blank" rel="noopener"><strong>Sunrisers Hyderabad</strong></a> came forth to replace Deccan Chargers and made their debut in 2013. They are owned by SUN TV Group, which manages a total of 33 television channels, spanning six languages. They also own 67 FM radio stations, three daily newspapers, six magazines, and are certainly a giant in the mass media field.</p>
<p>The daughter of the founder Kaviya Maran is quite popular among cricket fans due to her active involvement in the team&#8217;s affairs. In the IPL 2022 auction as well, she was the one holding the responsibility to pick players along with other members.</p>
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<h3>7. <strong>Punjab Kings (PBKS) &#8211; Ness Wadia &amp; Preity Zinta</strong></h3>
<figure id="attachment_566858" aria-describedby="caption-attachment-566858" style="width: 640px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-566858 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Punjab-Kings-2.jpg" alt="Punjab Kings" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-566858" class="wp-caption-text">In the IPL 2022 Auction, Ness Wadia, and Preity Zinta was the key member of the think-tank behind selecting the players of Punjab Kings. (Photo Source: Twitter/Indian Premier League)</figcaption></figure>
<div class="yj6qo"><a href="https://www.crictracker.com/pbks-co-owner-ness-wadia-expresses-interest-in-acquiring-womens-ipl-team/" target="_blank" rel="noopener"><strong>Punjab Kings</strong></a> (formerly Kings XI Punjab) have been owned jointly by Mohit Burman, Ness Wadia, Preity Zinta, and Karan Paul since 2008. Mohit Burman owns Elephant Capital Plc and is also a director of FMCG Brand, Dabur, while Karan Paul is the chairman of Apeejay Surrendra Group, which has businesses in tea, hospitality, shipping, retail, and real estate.</div>
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<div>Ness Wadia is also a successful businessman and is the managing director of Bombay Burmah Trading Corporation. He also has a stake in the FMCG company, Britannia Industries. In the IPL 2022 Auction, he was the key member of the think-tank behind selecting the players.</div>
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<div>The fourth co-owner is Preity Zinta, who is a popular Bollywood actress. She owns a production house PZNZ Media and is also the owner of Stellenbosch Kings, which features in the Mzansi Super League, the premier South Africa T20 tournament.</div>
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<h3>6. <strong>Rajasthan Royals (RR) &#8211; Emerging Media Pvt. Ltd</strong></h3>
<figure id="attachment_619889" aria-describedby="caption-attachment-619889" style="width: 640px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-619889 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Rajasthan-Royals-1.jpg" alt="Rajasthan Royals" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-619889" class="wp-caption-text">In the IPL 2022 Auction, Emerging Media Pvt. Ltd was the key member of the think-tank behind selecting the players of Rajasthan Royals. (Photo Source: IPL/BCCI)</figcaption></figure>
<div>The majority owner (65%) of the Rajasthan Royals franchise is Manoj Badale, who owns Emerging Media Pvt. Ltd and which is a market leader in the field of advertising. He is also a co-founder of 15 different businesses, with areas related to technology and financial services.</div>
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<div>The other minority owners of the team are Lachlan Murdoch (13%) and RedBird Capital Partners (15%). The businessman Lachlan Murdoch is a well-known personality in the field of Mass Media in the UK, while RedBird Capital Partners is a private investment firm based in New York.</div>
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<div>In 2009, Shilpa Shetty and Raj Kundra also bought a 11.7% stake in Rajasthan Royals and became the co-owners. But, they sold their entire stake in 2015 after Raj Kundra was convicted of illegal betting on IPL matches by the Supreme Court of India.</div>
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<h3>5. <strong>Gujarat Titans (GT) &#8211; CVC Capital Partners</strong></h3>
<figure id="attachment_619395" aria-describedby="caption-attachment-619395" style="width: 640px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-619395 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Gujarat-Titans-team.jpg" alt="Gujarat Titans team" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-619395" class="wp-caption-text">In the IPL 2022 Auction, CVC Capital Partners was the key member of the think-tank behind selecting the players of Gujarat Titans. (Photo Source: IPL/BCCI)</figcaption></figure>
<div class="adL">The new entrant to the Indian Premier League, <a href="https://www.crictracker.com/twitter-reactions-gujarat-titans-trump-fellow-debutants-lucknow-super-giants-in-a-last-over-thriller/" target="_blank" rel="noopener"><strong>Gujarat Titans</strong> </a>, was bought by CVC Capital Partners, after winning the bid by shelling an amount of INR 5,625 crores. CVC Capital Partners is a Luxembourg=based private equity and investment advisory firm, having a presence with 24 offices around America, Europe, and Asia.</div>
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<div>CVC Capital has been a prominent investor in the sports industry over the years. They hold around a 11% share in one of the popular European football tournaments, La Liga. In the past, they made a huge chunk of money by selling their Formula 1 stake.</div>
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<div>In the past year, they made investments in the games like Rugby and Volleyball. They forayed into cricket for the first time ever, due to the rising stature of the Indian Premier League.</div>
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<h3>4. <strong>Lucknow Super Giants (LSG) &#8211; RP Sanjeev Goenka Group </strong></h3>
<figure id="attachment_619391" aria-describedby="caption-attachment-619391" style="width: 640px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-619391 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Lucknow-Super-Giants-.jpg" alt="Lucknow Super Giants" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-619391" class="wp-caption-text">In the IPL 2022 Auction, RP Sanjeev Goenka Group was the key member of the think-tank behind selecting the players of Lucknow Super Giants. (Photo Source: IPL/BCCI)</figcaption></figure>
<div>The second team to make their debut in the Indian Premier League in this edition is Lucknow Super Giants. They secured the Lucknow franchise after a winning bid of INR 7090 Crores. They have a variety of businesses in the areas of power and energy, carbon black manufacturing, FMCG, media, and entertainment, and are owned by Sanjeev Goenka.</div>
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<div>The RPSG Group has an asset base of US $7 billion and a revenue of US $4 billion and is a supplier of power to Kolkata, Noida, Bikaner, and Kota through its flagship company, CESC. It is a subsidiary company of Spencer&#8217;s Retail, Firstsource, and Saregama.</div>
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<div>The company was also the owner of Rising Pune Supergiant, which featured in the 2016 and 2017 editions of the Indian Premier League.</div>
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<h3>3. <strong>Mumbai Indians (MI) &#8211; Mukesh Ambani</strong></h3>
<figure id="attachment_618689" aria-describedby="caption-attachment-618689" style="width: 640px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-618689 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Mumbai-Indians-team.jpg" alt="Mumbai Indians team" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-618689" class="wp-caption-text">In the IPL 2022 Auction, Mukesh Ambani was the key member of the think-tank behind selecting the players of Mumbai Indians. (Photo Source: IPL/BCCI)</figcaption></figure>
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<p><a href="https://www.crictracker.com/he-is-my-inspiration-god-everything-mumbai-indians-super-fan-pays-heartwarming-tribute-to-rohit-sharma/"><strong>The team</strong></a> with the most title victories in the Indian Premier League, has India&#8217;s richest person, Mukesh Ambani, the chairman and managing director of Reliance Industries, as its owner. Reliance Industries is a Fortune 500 Global Company and India&#8217;s most valuable company in terms of market value.</p>
<p>The company manages the operations of hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, and owns Jio, the biggest telecommunication service provider in India. Recently, it made inroads into the renewable energy sectors as well.</p>
<p>The Ambani family has been avid supporters of the team over the years. The likes of Nita Ambani and Aakash Ambani have been active in terms of player selections, cheering for the team at the grounds, and looking after the players.</p>
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<h3>2. <strong>Chennai Super Kings (CSK) &#8211; Chennai Super Kings Ltd</strong></h3>
<figure id="attachment_618216" aria-describedby="caption-attachment-618216" style="width: 640px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-618216 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Chennai-Super-Kings-team.jpg" alt="Chennai Super Kings team" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-618216" class="wp-caption-text">In the IPL 2022 Auction, Chennai Super Kings Ltd was the key member of the think-tank behind selecting the players of Chennai Super Kings. (Photo Source: IPL/BCCI)</figcaption></figure>
<div>The team with the highest winning percentage in the tournament&#8217;s history was bought by the leading cement manufacturing company, India Cements, in 2008.  The managing director of India Cements, N Srinivasan, is also a former chairman of the ICC and a former president of the BCCI.</div>
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<div>In 2015, Lodha Committee suspended CSK for two years due to match-fixing. The key man behind the scandal was the son-in-law of N Srinivasan, Gurunath Meiyappan. After being found guilty, both Srinivasan and Gurunath Meiyappan were banned from the Indian Premier League.</div>
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<div>Then the ownership of Chennai Super Kings was transferred to Chennai Super Kings Ltd, which is a subsidiary of India Cements and has a total of eight directors. The CSK team possesses a net worth of around INR 7600 crores.</div>
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<h3>1. <strong>Kolkata Knight Riders (KKR) &#8211; Red Chillies Entertainment &amp; Mehta Group</strong></h3>
<figure id="attachment_618215" aria-describedby="caption-attachment-618215" style="width: 640px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-618215 size-full" src="https://crictracker-admin-panel-08032022.s3.ap-south-1.amazonaws.com/media/attachments/Kolkata-Knight-Riders-1.jpg" alt="Kolkata Knight Riders" width="640" height="400" sizes="(max-width: 640px) 100vw, 640px"><figcaption id="caption-attachment-618215" class="wp-caption-text">In the IPL 2022 Auction, Red Chillies Entertainment &amp; Mehta Group was the key members of the think-tank behind selecting the players of Kolkata Knight Riders. (Photo Source: IPL/BCCI)</figcaption></figure>
<div>The two Bollywood celebrities, <a href="https://www.crictracker.com/shah-rukh-khans-children-aryan-and-suhana-spotted-in-the-ipl-mega-auction-briefing/" target="_blank" rel="noopener"><strong>Shah Rukh Khan</strong></a> and Juhi Chawla, came together in 2008, to co-own a Kolkata-based franchise, and named it Kolkata Knight Riders. In this joint partnership, Red Chillies Entertainment owns a 55% share, while the Mehta Group has a 45% share in the franchise.</div>
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<div>Red Chillies Entertainment is a visual effects, production, and distribution company founded by Shah Rukh Khan in 2003. The revenue of the company is estimated to be INR 4000 crores annually. The Mehta group is owned by the husband of Juhi Chawla, Jay Mehta and is involved in businesses like sugar, cement, and building materials.</div>
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<div>In 2015, the owners decided to buy a stake in one of the teams of the Caribbean Premier League and named it Trinbago Knight Riders. They are also said to be in advanced talks to buy a team in the proposed UAE T20 League.</div>
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To date, the owners have been superlative with their efforts to manage the teams in a fine fashion.

IPL 2022: Owners of all 10 teams

IPL 2022: Owners of All 10 Teams

Apart from being one of the decision-makers in selecting players, owners certainly play a key role in providing a suitable environment in IPL

IPL 2022: Owners of all 10 teams

To date, the owners have been superlative with their efforts to manage the teams in a fine fashion.

4. Lucknow Super Giants (LSG) – RP Sanjeev Goenka Group