Who owns Gujarat Titans IPL team?

The main topic of conversation ahead of the 15th edition of the Indian Premier League was the incorporation of the new Ahmedabad IPL team and the Lucknow franchise. It was the first time since 2011 that the league had 10 teams participating. So who is the owner of Gujarat Titans?

In October 2021, BCCI invited investors from around the world to participate in the auction for these two franchises. RPSG Group, who previously owned Rising Pune Supergiant, made a whopping offer of INR 7,090 crore to take over the Lucknow franchise, while the owners of the Gujarat team were foreign venture capital firm CVC Capital Partners.

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Owner of Gujarat Titans – CVC Capital Partners

CVC Capital Partners, owners of Gujarat Titans, is a UK private equity and investment firm with over US$75 billion in assets. The foundations of CVC Capital Partners were laid by the well-known banking company Citicorp, which wanted to create an investment company. Although Citicorp’s venture capital investments began in 1968, CVC Capital Partners was incorporated as a separate entity in 1981.

Over the years it has become one of the largest investment firms in Europe and has also expanded its wings into Asia. Several big names are housed under the CVC group, including well-known IT security company Avast, luxury watchmaker Breitling SA, one of the UK’s leading car companies RAC and pet supplies chain.

They appeared determined to compete in the Indian Premier League when the BCCI opened the tenders and placed a bid of INR 5,625 crore to seal the deal. However, there was one major hurdle that had to be cleared before the Ahmedabad franchise could begin its early operations.

Tipico, a world-renowned sports betting and gaming organization, is a portfolio company of CVC Capital Partners. The objection was raised on social media primarily by former IPL chairman Lalit Modi, who pointed out that one of the bidders has a large investment in a betting company, which would create a conflict of interest given the history of this tournament.

The private equity firm was given time by BCCI to issue a statement and later confirmed that Tipico is part of CVC Group’s European arm and will remain fully independent and separate from CVC’s Asian arm, which is investing in Gujarat Titans made. After a thorough examination, the BCCI considered their participation valid and announced the team name a few days before the auction.

The Story of the Titans of Gujarat

This is not the first time that the state of Gujarat has seen an IPL representation. However, the previously inducted team Gujarat Lions entered the game only as a substitute for two years when Chennai Super Kings and Rajasthan Royals were suspended for two years. The franchise was based in Rajkot and is currently defunct.

As was the case with Deccan Chargers and Sunrisers Hyderabad, these two franchises will have no relation to each other and the data of Rajkot-based franchises will not be added to Gujarat Titans.

Gujarat Titans Team Players 2022

After the franchise was allowed to start operations, they confirmed Ashish Nehra as head coach and Vikram Solanki as director of cricket. Former India coach Gary Kirsten, who led the team to a World Cup triumph in 2011, has been appointed as the franchise’s batting coach and mentor.

They signed local star Hardik Pandya as their first big signing and later scooped up two more fine players. Young Indian opener Shubman Gill and global T20 icon Rashid Khan were the other two drafts from Gujarat before they were auctioned. They got off to a strong start with these acquisitions and also managed to land some good players in the auction.

They got the services of the talismanic Indian seamer Mohammed Shami at a bargain price and also the services of some notable names like Matthew Wade, Lockie Ferguson, David Miller, Vijay Shankar and a host of amazing young Indian talents like Darshan Nalkande, Abhinav Sadrangani. R. Sai Kishore and others.

England opener Jason Roy withdrew from the tournament, citing bladder fatigue as a major problem, and Afghan cricketer Rahmanullah Gurbaz was called in to replace him.

Batsmen – Shubman Gill, David Miller, Vijay Shankar, Abhinav Sadrangani, Sai Sudarshan

Goalkeepers – Rahmanullah Gurbaz, Wriddhiman Saha, Matthew Wade

All-rounders – Rahul Tewatia, Jayant Yadav, Gurkeerat Singh, Dominic Drakes, Hardik Pandya (C)

Bowlers – Rashid Khan, Noor Ahmed, Sai Kishore, Mohammed Shami, Lockie Ferguson, Varun Aaron, Alzarri Joseph, Yash Dayal, Pradeep Sangwan

Joining some of the big names in the Indian Premier League, the Gujarat Titans owner is hoping for a strong season from the young franchise.

Gujarat Titans 2022 Schedule

The franchise will play its first IPL match on March 28, 2022 against fellow newcomers Lucknow Super Giants. According to the new schedule module, Gujarat Titans have been placed in Group B, which means they will face Chennai Super Kings, Sunrisers Hyderabad, Royal Challengers Bangalore, Punjab Kings and Lucknow Super Giants twice while they have just one game . will be played by: Mumbai Indians, Kolkata Knight Riders, Rajasthan Royals and Delhi Capitals.

Their last group game will be against Royal Challengers Bangalore on May 19 and by then they hope to qualify for the playoffs.

Here’s the schedule for Gujarat Titans:

Date Fixture Time (In IST) Venue
March 28 Gujarat Titans vs Lucknow Super Giants 7.30 PM Wankhede Stadium
April 2 Gujarat Titans vs Delhi Capitals 7.30 PM MCA Stadium, Pune
April 8 Punjab Kings vs Gujarat Titans 7:30 PM Brabourne Stadium – CCI
April 11 Sunrisers Hyderabad vs Gujarat Titans 7:30 PM DY Patil Stadium
April 14 Rajasthan Royals vs Gujarat Titans 7:30 PM DY Patil Stadium
April 17 Gujarat Titans vs Chennai Super Kings 7:30 PM MCA Stadium, Pune
April 23 Kolkata Knight Riders vs Gujarat Titans 3:30 PM DY Patil Stadium
April 27 Gujarat Titans vs Sunrisers Hyderabad 7:30 PM Wankhede Stadium
April 30 Gujarat Titans vs Royal Challengers Bangalore 3:30 PM Brabourne Stadium – CCI
May 3 Gujarat Titans vs Punjab Kings 7:30 PM DY Patil Stadium
May 6 Gujarat Titans vs Mumbai Indians 7:30 PM, Brabourne Stadium – CCI
May 10 Lucknow Super Giants vs Gujarat Titans 7:30 PM, MCA Stadium, Pune
May 15 Chennai Super Kings vs Gujarat Titans 3:30 PM Wankhede Stadium
May 19 Royal Challengers Bangalore vs Gujarat Titans 7:30 PM Wankhede Stadium

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