Owner of gujarat titans

The Indian Premier League, used to traditional domestic business houses and Bollywood stars as franchise owners, had a first in its 14-year history when global private equity firm, CVC Capital Partners won complete ownership of the Ahmedabad franchise in October. PREMIUM Gujarat Titans are one of the two new franchises that have been added to IPL 2022.(Twitter) CVC is no stranger to investing in sport, having held stakes in Formula 1 (2006-17), MotoGP (1998-2006) and Rugby Six Nations. Its latest venture is the much-publicised 2.1 billion euros injected into the Spanish La Liga. The football deal though is being contested by Real Madrid, Barcelona and Athletic Bilbao. CVC’s IPL deal too wasn’t without controversy with BCCI taking three months to study whether the firm’s betting interests in Europe violated IPL ownership rules before giving clearance. Matthew Wheeler, CEO A&W Capital and a former county cricketer was an advisor to CVC's ₹5,625 crore IPL bid. He talks about CVC’s investments, understanding of the cricket market and betting interests. Excerpts… Q. Can you talk about the planning before entering the auction room in Dubai? A. CVC is a big investor in world sport. They were in Formula 1 for 12 years, and for the last 3-4 years they have been investing in rugby, football, volleyball. It's quite public that they have got projects going in tennis as well. One of the areas they had been looking at for the past 3-4 years is cricket. Inevitably, it brings you to India...

Gujarat IPL team owner: The Indian Premier League (IPL) has become one of the most popular T20 cricket leagues in the world, attracting both domestic and international players. In the 2022 season, a new team named Gujarat Titans (GT) entered the competition, owned by the private equity firm, CVC Capital Partners. In this article, we will take a closer look at CVC Capital Partners and their role as the GT team owner. Gujarat IPL team owner: Who is CVC Capital Partners? CVC Capital Partners is a private equity firm founded in 1981 with offices around the world, including Europe, Asia, and North America. The firm has grown significantly over the years, with nearly 700 employees working for them.Gujarat IPL team owner CVC has received multiple awards at the Private Equity International and Private Debt Investors Awards, establishing its position as a leading private equity firm globally. CVC Capital Partners and GT Ownership In a surprising move, CVC Capital Partners made a successful bid of ₹5625 crore to purchase the Gujarat Titans franchise. Steve Koltes, Donald Mackenzie, and Rolly van Rappard represented the CVC group during the bidding process. While it is unusual for a private equity firm to own a sports team, it is not unprecedented, with other global private equity firms like KKR owning sports teams. Also Read: GT as a Unique Entity Gujarat Titans is a unique entity in the IPL since it is owned by a private equity firm, and not by a family or a group of families. This...

Gujarat Titans were one of two new teams introduced ahead of the 2022 season. CVC Capital Partners won the franchise bid for Rs 5625 crore (approx US$750 million). They picked Hardik Pandya, Rashid Khan and Shubman Gill ahead of the 2022 auction. Pandya was named captain. Ashish Nehra was appointed head coach, Gary Kirsten mentor and batting coach, and Vikram Solanki director of cricket. 2022 - champions Titans became only the second team after Rajasthan Royals to win the title in their first season. They topped the league stage, with ten wins from 14 games, then beat Royals in Qualifier 1 to make the final, where they again defeated Royals on their home ground, in front of 104,859 spectators. 2023 - runners up All season, Titans looked the best team on show, with Mohammed Shami and Rashid Khan taking bagfuls of wickets and opener Shubman Gill peaking in a blaze of batting form towards the pointy end. But MS Dhoni's CSK crew bested them twice in the final three matches to snatch the title from Titans' grasp. Since his IPL debut in 2015, Pandya had only ever played for Mumbai Indians, for whom he made 1476 runs and picked up 42 wickets. Gujarat Titans picked him up for Rs 15 crore (US$ 1.9 million approx) and in his first season for them he made 487 runs at a strike rate over 130 and picked up eight wickets while leading them to the title.He didn't perform all that impressively with bat or ball in 2023, but his gun team ensured his contributions were not missed. In his firs...

Indian Premier League (IPL) is indeed one of the toughest and most entertaining cricket tournaments which is played in India. All these years since it was inaugurated in 2008, the tournament has witnessed several ups and downs, just like the players from different cricketing nations. Throughout the journey of IPL, some bizarre things have happened, and that’s the beauty of this tournament. Recently, Gujarat Titans and Lucknow Super Giants were the two new teams to be introduced in this tournament, and the captains were Hardik Pandya and KL Rahul, respectively. Many are not aware of the Gujarat Titans Owner because the body is not a prolific celebrity figure. Instead of that, the owner of Gujarat Titans is an Overseas Equity Firm called CVC Capital Partners. In this blog, we will shed some light on the Gujarat Titans Team Owner because despite winning the very first edition of their IPL journey, we aren’t aware of who they are, what they do, and all. Who is the Owner of the Gujarat Titans? Gujarat Titans is a franchise cricket team that is based and belongs to Ahmedabad, Gujarat, India. The team was founded in 2021 and surprisingly won the tournament by crushing and smashing almost every other team. The team was led by Hardik Pandya, who, apart from batting and bowling, displayed great captaincy skills. Gujrat Titans was coached by Former Indian Pacer Ashish Nehra, who did a marvelous job of uniting the group and ultimately showed them the path to becoming the ultimate conq...