Friday, May 27, 2011

IPL Franchise Owners

The Indian Premier League (IPL) is a professional league for Twenty20 cricket competition in India. It was initiated by the Board of Control for Cricket in India (BCCI) headquartered in Mumbai supervised by former Chairman and Commissioner of the Indian Premier League Chirayu Amin. It is currently contested by 10 teams consisting of players from around the world. It was started after an altercation between the BCCI and the Indian Cricket League.

In 2010, IPL became the first sporting event ever to be broadcast live on YouTube. Its brand value is estimated to be around $3.67 billion in fourth season.According to global sports salaries review, IPL is the second highest-paid league, based on first-team salaries on a pro rata basis, second only to the NBA. It is estimated that the average salary of an IPL player over a year would be $3.84 million


IPL Team Owners


Article on IPL team owners. Team owners are the heads of the franchises and the article provides information on these heads. Includes Vijay Mallya, Shah Rukh Khan, Preity Zinta, Ness Wadia, Shilpa Shetty, Reliance Industries Limited, GMR Group, Deccan Chronicle, Sahara Group


Indian Premiere League is truly premium in terms of the team owners that are a part of the tournament. They shelled out big bucks on bidding for their IPL teams and come forth with different ways and means to generate revenue from the tournament.

Mumbai Indians:-
The team is owned by Reliance Industries Limited. Mukesh Ambani heads the company and wife Nita Ambani takes active part in the workings of the team.

Kolkata Knight Riders:-
The KKR owner hardly needs an introduction. However, the other equally important owner of KKR is not talked about much. SRK's partner is Jay Mehta. He is Juhi Chawla's husband and is a British origin industrialist.

Kings XI Punjab:-
Apart from the much talked about Preity Zinta and Ness Wadia, the team is co-owned by Karan Paul, chairman of Apeejay Surrendra group and Mohit Burman of Dabur.

Chennai Super Kings:-
The team is owned by India Cements which is headed by N. Srinivasan. He is also involved in the BCCI and AICF i.e. the All India Carrom and Chess Federations.

Deccan Chargers:-
The team is owned by the Deccan Chronicle corporation. Gayatri Reddy, daughter of media baron T Venkattaram Reddy, heads the workings of the team and is very impressive at her job.

Royal Challengers Bangalore:-
Another team owner that needs no introduction is liquor baron Vijay Mallya. He placed the second highest bid at the IPL auction, next only to Mukesh Ambani.

Rajasthan Royals:-
Though the majority of limelight is hogged by Shilpa Shetty and husband Raj Kundra, the actual owner of the team is Manoj Badale, the co-founder of Blenheim Chalcot. Other investors in the team include Lachlan Murdoch, Aditya S Chellaram and Suresh Chellaram.

Delhi Daredevils:-
The fiery team is owned by GMR Group. The business group's core area lies in airports, highways, agriculture and energy. The corporation is owned by G. M. Rao.

Kochi Tuskers Kerala:-
The newest team to be initiated into IPL is owned by Rendezvous Sports World. It is a consortium made up of multiple companies. The group bought the team for an exorbitant amount of $333 million.

Pune Warriors India:-
Last but not the least, Pune Warriors was bought by Subrata Roy of Sahara Group for $378.2 million, which is the highest amount ever paid for a team in IPL. Subrata Roy has also written books on philosophy of life and is well-known for his philanthropic works.