Net worth of new IPL teams' owners Sanjeev Goenka and CVC Capital Partners will leave you STUNNED, check HERE
RP-Sanjiv Goenka Group placed a bid of Rs 7,090 crores for the Lucknow team, whereas CVC bought the Ahmedabad franchise for Rs 5,625 crores. Since the beginning, IPL teams have been owned by conglomerates of India Inc, and this tradition is maintained as both corporates are known to have deep pockets.
Oct 25, 2021, 22:55 PM IST
IPL new teams announced, THESE are the franchises and owners
The bidding for new IPL teams took place at the Taj Hotel in Dubai on Monday and it is the RP-Sanjiv Goenka Group (Lucknow) and CVC Capital Partners (Ahmedabad) who will join the Indian Premier League as the new owners. The IPL's first season was played in 2008, and ever since, the league has grown in stature and it is one of the most viewed competitions in the world.
Oct 25, 2021, 20:02 PM IST
Formula One governing body approves Liberty Media takeover
Liberty Media, controlled by U.S. cable mogul John Malone, took control of the sport in September in a deal valued at $8 billion.
Jan 18, 2017, 23:56 PM IST
Teams offered chance to invest in F1 after takeover
New Formula One chairman Chase Carey said some had already expressed an interest in investing.
Sep 08, 2016, 23:08 PM IST
