This IPL team is going to be sold, the price is 12550 crores, know who will be the owner?

Rahul Tiwari

khelja|19-07-2024

Team India's new vice-captain Shubman Gill captains Gujarat Titans in the IPL. Now his team is going to be sold. Currently, it is owned by CVC Capital Partners. CVC Capital bought this franchise in 2021 for $745 million i.e. Rs 5625 crore. Now it has been three years of this franchise and CVC Capital wants to sell it. According to the Times of India, for this it has talked to Adani Group and Torrent Group. If the deal of both is confirmed, then Gautam Adani can be seen competing with Mukesh Ambani in IPL.

What is the cost of Gujarat Titans

When CVC Capital bought the Gujarat Titans franchise in 2021, its price was $745 million i.e. Rs 5625 crore. Now it has been three years and its price has almost doubled in this time. Its estimated price is currently being estimated at 1 to 1.5 billion dollars. If Adani Group and Torrent Group reach an agreement with CVC Capital, then they may have to pay around Rs 8366 crore to Rs 12550 crore for it.

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