The Indian Premier League (IPL) team owners have tactically developed their footprint in the cricket world by purchasing the interests of clubs from other international T20 leagues. These include some high-profile leagues such as the Caribbean Premier League (CPL), South Africa SA20, the UAE-based International League T20 (ILT20) and the U.S.-based Major League Baseball Cricket (MLC).
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KKR: Leadership Trends
In 2015, Shahrukh Khan-Co owned Kolkata Knight Riders led by purchasing Trinbago Knight Riders on CPL, the first IPL team to buy overseas franchises.
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Other IPL teams follow suits
After KKR’s footsteps, other IPL team owners, such as Mumbai Indians, Lucknow Superbikes, Chennai Super Kings, Sunrisers Hyderabad, Rajasthan Royals and Punjab Kings, have also invested in other Leagues franchisees and have further established the global footprint of the IPL brand.
IPL franchise teams in other cricket leagues
IPL franchise owners expand their influence by investing in teams from various international T20 leagues. This is their global presence.
|
Franchise |
team |
Contest |
Year |
|
CSK Franchise Team |
Joburg Super King |
SA20 |
2022 |
|
Texas Super King |
MLC – United States |
2023 |
|
|
MI franchise team |
mi newyork |
MLC |
2023 |
|
Micaip Town |
SA20 |
2022 |
|
|
Mi Emirates |
ILT20 |
2023 |
|
|
DC franchise team |
Dubai Capital |
ILT20 |
2023 |
|
Pretoria’s capital |
SA20 |
2022 |
|
|
Seattle Orca |
MLC |
2023 |
|
|
RR Franchise Team |
Royal Royals |
SA20 |
2022 |
|
Barbados Royals (renamed) |
CPL |
2021 |
|
|
KKR Franchise Team |
Abu Dhabi rider |
ILTT20 |
2023 |
|
Trinbago Knight Rider (Rename) |
CPL |
2015 |
|
|
La Knight Rider |
MLC |
2020 |
|
|
SRH Franchise Team |
Sunrise Eastern Cape |
SA20 |
2022 |
|
LSG franchise team |
Durban’s super giant |
SA20 |
2022 |
|
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King of Saint Lucia (renamed) |
CPL |
2017 |
IPL Team Owners and their Business Background
The Indian Premier League (IPL) is more than just cricket; it is a fusion of sports and business, in which team owners play a key role. These owners come from a variety of business backgrounds and use their expertise to manage and develop their respective franchises. From established conglomerates to Bollywood superstars, the ownership landscape reflects the alliance’s wide appeal.
|
IPL Team |
owner |
Business background |
|
Indian Cement (N. Srinivasan) |
Cement manufacturing |
|
|
Reliance Industries (Mukesh & Nita Ambani) |
Group (Petrochemical, Telecom, Retail) |
|
|
United Spirits Limited (Diageo) |
Alcohol beverage company |
|
|
JSW Group & GMR Group |
JSW: Steel, Energy, Infrastructure; GMR: Infrastructure (airport, energy, transportation) |
|
|
Torrent Group (67%) CVC Capital Partners (33%) |
Private Equity and Investment Consulting |
|
|
Shah Rukh Khan, Juhi Chawla, Jay Mehta |
Entertainment (Bollywood), business |
|
|
RPSG Group (Sanjiv Goenka) |
Diversified Group (Electricity, Retail, Entertainment) |
|
|
Preity Zinta, etc. |
Entertainment, various businesses |
|
|
Manoj Badale (Emerging Media IPL Ltd.) and Redbird Capital Partners |
Investing and Media |
|
|
Sun TV Network (Kalanithi Maran) |
Media (TV broadcast) |
IPL team owners have greatly influenced team strategy, access to players and overall management. Their business acumen helps elevate the franchise to valuable sports assets and successful brands. Although success in this field is crucial, the financial stability and business strategy of owners also play a crucial role in the long-term sustainability and success of the IPL team. This convergence of cricket and business makes IPL a unique and dynamic alliance on the global stage.
The IPL’s expansion to the global T20 league emphasizes its dominance outside India. With strategic investments and strong business acumen, team owners are transforming the franchise into an international brand. This convergence of sports and business ensures that IPL remains a financial powerhouse, thus shaping the future of cricket globally.
Source: https://dinhtienhoang.edu.vn
Category: Optical Illusion