Gujarat Titans (GT) owner – Who is the owner of GT in IPL 2023?
CVC Capitals, co-chaired by Steve Koltes and Donald Mackenzie, is the GT owner for the 2023 edition of the Indian Premier League (IPL).
Ahead of the 2022 IPL edition, the Board of Control for Cricket in India (BCCI) and the IPL Governing Council decided to add two additional teams to the tournament. The Titans, thereby, came into existence.
Gujarat recruited Hardik Pandya from the Mumbai Indians (MI) and made him skipper, while also drafting Shubman Gill from the Kolkata Knight Riders (KKR) and Rashid Khan from the Sunrisers Hyderabad (SRH) prior to the mega auction.
Read also: Hardik Pandya Wife – Age, Bio, Instagram
After the auction, it seemed like they did not make the right choices. There were also doubts on how Hardik would fare as skipper after performing not so well for MI in the 2021 edition of the IPL. However, all the doubts were put to rest when GT won the IPL last season.
They beat the Rajasthan Royals (RR), led by Sanju Samson, in the final at the Narendra Modi Stadium in Ahmedabad. Hardik became the Player of the Match in the final after he picked up three crucial wickets and made some useful runs lower down the order.
Later, Hardik also got rewarded when he got the chance to lead India in both ODIs and T20Is in the absence of Rohit Sharma, who has had quite some spells of injuries over the last few months.
The Titans have made an impressive start to their campaign in 2023 as well.
After how they performed last year, expectations were high from the Titans and Hardik. They made a brilliant start to their campaign after beating MS Dhoni’s Chennai Super Kings (CSK) by five wickets in the opening match of the tournament. Now, they're right in the playoffs mix yet again in 2023.
Gill has been a revelation for them and is among the leading run-scorers of the IPL 2023. Rashid Khan also became the first bowler to pick up a hat-trick in the IPL. He accomplished the feat in the game against the Nitish Rana-led Kolkata Knight Riders (KKR) in Ahmedabad.
Gujarat Titans Owner | Team Details
|Team Name||Gujarat Titans|
|Current Owner||Steve Koltes, Donald Mackenzie, Rolly van Rappard|
|Director of Cricket||Vikram Solanki|
|Batting Coach and Mentor||Gary Kirsten|
|Assistant Coach||Naeem Amin|
|Assistant Coach||Narendra Negi|
|Assistant Coach||Mithun Manhas|
|Spin Bowling coach and scout||Aashish Manhas|
|Head Physiotherapist||Rohit Sawalkar|
Who is the GT Owner in IPL 2023?
The Gujarat Titans’ owner happens to be the CVC Capitals for the ongoing IPL edition.
Back in 2022, the company bought the IPL franchise for INR 5600 crore. Apart from dealing in sports, the company, based in Europe, plies its trade in brokerage and investment banking as well. Steve Colts is the chairman of the organization.
CVC claims that it has 125 million pounds of assets under its management and 157 billion pounds in secured commitments. Going by the CVC website, the CVC Capitals manages funds of more than 500 of the “highest quality, blue chip clients” from across the world.
Apart from cricket, CVC Capitals have also had their stake in Formula One, rugby, football and various other competitions. If reports are to be believed, the company also tried to tried to strike a deal with the Rajasthan Royals (RR) and Delhi Capitals, but nothing substantial came out of it.
CVC Capitals Controversy
When it was first announced that CVC Capitals had acquired the Gujarat Titans at the 2021 auction, some were less than impressed at the potential conflict of interest.
CVC Capital holds several sports betting companies in its portfolio, Tipico and Sisal, presenting a concerning overlap between their investments. Lalit Modi, the former IPL Commissioner, even went as far to tweet his suspicions regarding the potential corruption.
i guess betting companies can buy a @ipl team. must be a new rule. apparently one qualified bidder also owns a big betting company. what next 😳😳😳 – does @BCCI not do there homework. what can Anti corruption do in such a case ? #cricket
— Lalit Kumar Modi (@LalitKModi) October 26, 2021
However, after attention was drawn to the matter, the Gujarat Titans' owners were cleared of any wrongdoing. The IPL team had been bought by CVC Capitals Asia fund, while the two sports betting investments had been made by the CVC Capitals Europe fund.
With the funds being run entirely independently, the BCCI were comfortable that the overlap did not pose a threat to the integrity of the IPL.
Gujarat Titans (GT) Team Brand Value
How Much Do Gujarat Titans’ Owners Earn?
The exact brand value of the Titans is not known just yet. Last year, Arvinder Singh, the Chief Operating Officer (COO) of the team, was elated after they became the champions of the tournament. He also talked about signing multi-year deals with 15 partners. Manish Porwal, the Managing Director of Alchemist Marketing Solutions, said that there is every chance that the brand value of the Gujarat franchise escalated after IPL 2022.
Read also: Today toss prediction
Gujarat Titans Sponsors in IPL 2023
Principal Partner: ATHER
Associate Partners: BKT, Capri Loans, Jio, Astral Pipes, Simpolo, ACKO, EQUITAS, TIMEX, RAYZON Solar
Official Partners: Rario, Dream11, Jio Cinemas, Bisleri, Havmor, CROMA, Munch, BOAT, VBOTT
Exclusive Ticketing Partner: PAYTM Insider, PAYTM
Merchandise Partners: EM, Fancode Shop, CYBEART
Radio Partners: 95 Radio One, TOP FM, 91.1 Radio City
(Source: Gujarat Titans)