IPL 2020 Teams And Their Owners – Must Know News

IPL 2020 Teams And Their Owners – Must Know

Author's avatar Clout News Desk

Time icon November 3, 2020

The Indian Premier League is one of the most watched cricket leagues. Players from various cricket playing nations are seen in action in IPL. This year, the 13th edition of the IPL was to be held in March-April, but due to the outbreak of the COVID-19, it was postponed to September. The cash-rich league started on September 19 and will end on November 10. IPL 2020 is taking place in the UAE at three venues – Abu Dhabi, Dubai and Sharjah.

As lots of money is required to conduct IPL, cricket fans must be wondering who owns the teams of IPL. So, here are the owners of each IPL franchise:

Mumbai Indians

Mumbai Indians Preview And Expected Playing XI - IPL 2020 - The Cricket  Bunny

According to Sportskeeda, Reliance Industries chairman Mukesh Ambani’s wife Nita Ambani and his son Akash Ambani from the Reliance Group own the four-time IPL champions Mumbai Indians. The franchise is placed at the top on the IPL 2020 points table. They have also qualified for the playoff.

Chennai Super Kings

IPL 2020: 5 CSK matches only true Chennai Super Kings fans will remember

Chennai Super Kings Cricket Limited owns Chennai Super Kings. The company is actually owned by India Cements, which is headed by N Srinivasan. He served as the president of the Board of Control for Cricket in India from 2011 to 2012. The BCCI manages IPL. Three-time champions Chennai Super Kings were the first team to be eliminated from IPL 2020.

Kolkata Knight Riders

KKR جدول المباريات 2020, قائمة مباراة KKR في IPL 2020 »IPL T20 الجدول - HD  SPORTS NEWS

Bollywood actor Shah Rukh Khan’s Red Chillies Entertainment and Jay Mehta’s Mehta Group own Kolkata Knight Riders. According to Sportskeeda, Khan owns 55 per cent stakes, while Mehta has 45 per cent shares in the franchise. Mehta is the husband of Bollywood actress Juhi Chawla.

Royal Challengers Bangalore

IPL 2020: Salaries of Royal Challengers Bangalore (RCB) players

RCB is owned by Diageo India. Earlier, businessman Vijay Mallya owned the IPL franchise. Mallya resigned from the post of United Spirit chairman in 2016 after Diageo agreed to pay Rs 515 crore to absolve him of all liabilities over financial lapses at the company founded by his family.

Delhi Capitals

IPL 2020: IPL franchise Delhi Capitals pays amazing tribute to city of  Delhi, Check Out

GMR Group (Grandhi Mallikarjuna Rao) and the JSW Group (Jindal South West) has equal number of shares in Delhi Capitals. Parth Jindal, who is the director of JSW Sports, is also the director of the IPL franchise.

Sunrisers Hyderabad

Sunrisers Hyderabad Squad For IPL 2020 - SRH Team, Captain, Players, Coach  for IPL 2020 in UAE - Phil Sports News

Sun Network’s Kalanithi Maran is the owner of Sunrisers Hyderabad, which was earlier known as Deccan Chargers. It won IPL trophy when it was Deccan Chargers and another after its name changed to Sunrisers Hyderabad.

Kings XI Punjab

IPL 2020: Kings XI Punjab (KXIP) full schedule & Squad - Sports Big News

Dabur’s Mohit Burman, Wadia Group’s Ness Wadia, Bollywood actress Preity Zinta and Karan Paul from Apeejay Surrendra Group are the owners of Kings XI Punjab.

Rajasthan Royals

IPL 2020 Rajasthan Royals: Here is the strengthened team aiming to clinch  second title

Amisha Hathiramani from Tresco International Ltd, Manoj Badale from Emerging Media (IPL) Ltd, Lachlan Murdoch from Blue Water Estate Ltd, Raj Kundra and Shilpa Shetty from Kuki Investments Ltd and Shane Warne from Spinners own Rajasthan Royals. The franchise has also got knocked out from IPL 2020.

Author’s avatar

Clout News Desk

The Clout News Desk: Your trusted team dedicated to delivering the latest updates and insights from the world of entertainment. With a passion for uncovering captivating stories and a commitment to accuracy, we keep you informed and entertained. From breaking Hollywood news to trends in fashion and music, count on us to bring you the latest in entertainment. Join us as we explore the fascinating world of showbiz and beyond.