IPL 2025: This time a mega auction is going to be held before the new season of IPL. Cricket fans are eagerly waiting for it, because after the mega auction, changes can be seen in all the teams. Apart from this, teams of many big players can also change. At the same time, now reports are coming out that the owner of this team can change. Yes, we are talking about Gujarat Titans. Very soon the new owner of Gujarat Titans can be seen.
Torrent Group May Become The New Owner Of GT
According to reports, Ahmedabad-based Torrent Group is all set to acquire a majority stake in IPL team Gujarat Titans. The deal has been struck with CVC Capital Partners. The Economic Times report states that Adani Group had also shown interest in a stake in Gujarat Titans but the deal did not move forward. The formal deal can be signed only when the lock-in period ends. In the meantime, CVC is expected to own a stake in the team, which is valued at over $1 billion.
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Entry Was Made In The Year 2022
Gujarat Titans entered the IPL in the year 2022. This team is considered one of the successful teams. Because Gujarat Titans won the IPL title in its very first season. After this, the team reached the final for the second consecutive time, but for the second time the Gujarat team could not win the final. Hardik Pandya captained Gujarat Titans for two consecutive seasons.
Torrent to acquire a majority stake in the Gujarat Titans, while CVC is expected to retain a significant minority stake. Gautam Adani's Adani Group backs out of the race. #IPL #GujaratTitans #AdaniGroup #TorrentGroup #CVC pic.twitter.com/7Dd0z7oQ3H
— Javed Farooqui (@journojaved) September 13, 2024
After this, Hardik returned to his old team Mumbai Indians in IPL 2024 and he was also made the captain of Mumbai Indians in place of Rohit. On the other hand, the captaincy of Gujarat Titans was handed over to Shubman Gill. However, Gujarat’s performance was not that good last season and the team could not even reach the playoffs.
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