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IPL AUCTION

Who Are The Owners Of Delhi Capitals In IPL 2023? Find Out

Naman VyasBy Naman Vyas02/01/2023Updated:09/02/2023No Comments2 Mins Read

With IPL 2023 mini-auctions done and dusted, everyone is waiting for the new season of the Indian Premier League and the excitement for the same has been increasing with every passing day. A total of 10 teams will be participating in the upcoming 2023 edition of the Indian Premier League. 

Delhi Capitals In Trouble?

Ahead of the tournament, Delhi Capitals suffered a huge blow as their captain Rishabh Pant suffered a horrific accident. Rishabh Pant, who is currently undergoing treatment for the injuries that he suffered during the tragic car accident on Friday near Roorkee, is likely to stay away from cricket for a considerable period of time. In his absence, Delhi Capitals are in need of a temporary captain. David Warner being the most senior player with captaincy experience can take up the big responsibility. 

Besides Warner, Manish Pandey is also an option but given that he has just joined the squad, it is unlikely that Pandey will be given the opportunity. In any case, Delhi Capitals will wait till the start of the tournament to announce the new captain. 

I'm More Than My Surname: Parth Jindal

Who are the DC Owners?

All IPL franchises have different ownership with different people. The Delhi-based franchise – Delhi Capitals was one of the original eight teams which participated in the inaugural edition in 2008. Initially, the GMR Group owned the franchise with the name Delhi Daredevils. In 2018, the GMR Group sold 50% stakes of the franchise to JSW Sports for INR 550 crore. Soon after, the franchise was renamed Delhi Capitals. 

 Formerly known as Delhi Daredevils, the GMR Group, a property development company, bought the franchise for USD 84 Million in 2008. After a decade, the JSW Group joined the DC Owners group by buying 50% of the stake for INR 550 crore. JSW is among India’s leading multinational conglomerates worth USD 13 billion. 

Last year, Delhi Capitals appointed Vinod Bisht as its interim CEO. Bisht was with the Indian army as a paratrooper for two decades. 

Parth Jindal is the Director of JSW Sports and runs the Delhi Capitals along with veteran businessman Kiran Gandhi, who is the CEO, MD, and director of GMR Infrastructure. Both Gandhi and Jindal regularly feature in IPL events representing Delhi Capitals. 

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Naman Vyas
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Naman Vyas is an emerging talent in the field of cricket writing and he has been working for The Cricket Lounge as a cricket writer and delivering news and opinion from the world of cricket.

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