Delhi Capitals, also known as DC, is a cricket franchise that participates in the Indian Premier League. This team is one of the main 8 teams participating in the tournament from the inaugural edition (2008) of the IPL. IPL fans are often curious to know who is the owner of Delhi Capitals (DC)? No worries here you will find detailed answers about the Delhi Capitals owner.
When the team started its IPL journey in 2008, the team was known as Delhi Daredevils. The franchise was renamed Delhi Capitals (DC) in December 2018.
The Delhi franchise reached the semifinals in the opening season of the IPL but has not been successful since. However, after changing the name of the team in 2018, Delhi Capitals saw its two best years in the IPL in 2019 and 2020.
Delhi Capitals Owner in IPL 2021:
When the BCCI announced the launch of the Indian Premier League in India in 2007 where the BCCI finalized the list of eight teams participating in the tournament. Those teams represented eight different cities in India. The teams were put up for auction in Mumbai on February 20, 2008, and the Delhi team was bought by property development company GMR Group for $84 million.
However, in March 2018, GMR Group sold 50% of its franchise to JSW Group for Rs 550 crore (approx US $85 million) resulting in a co-ownership between the two companies.
So until December 2018, GMR Group was the sole Delhi Capitals owner. However, at present GMR Group (50%) and JSW Group (50%) are the joint owner of Delhi Capitals.
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The agreement between the two companies includes a shift to lead the team management every two years starting from IPL 2019.
In the last two IPL seasons i.e. 2019 and 2020 IPL, Chairman Perth Jindal (MD, JSW Group) led its activities at the management level of Delhi Capitals. However, for the next two years in the IPL, GMR Group (Kiran Kumar Grandhi) will act as the top management of Delhi Capitals.
Delhi Capitals Owner and Team Details:
|Team Name||Delhi Capitals (DC)|
|Current Owner||JSW Group (50%) and GMR Group (50%)|
|Team CEO||Vinod Bisht|
|Team Captain||Rishabh Pant|
|Head Coach||Ricky Ponting|
|Assistant Coach||Mohammad Kaif|
Brand Value: How much does the owner of Delhi Capitals earn?
Led by Shreyas Iyer, Delhi reached the play-offs in 2019 after 7 years and they won their first playoff match by two wickets against Sunrisers Hyderabad. But in the second play-off match against Chennai Super Kings, they lost by six wickets and finished the tournament as the second runners-up.
In the last two years, Delhi has emerged as the most improved franchise in the IPL. Due to that, the brand value of Delhi Capitals has improved from the past.
The brand value of Delhi Capitals has skyrocketed in 2019 and 2020 compared to the previous year. According to a report by Duff and Phelps, Delhi Capitals suffered the lowest dip (around 1%) in their brand value among all IPL teams after the epidemic in 2020. The brand value of Delhi Capitals in 2019 IPL was 374 crore and in 2020 IPL it has come down to 370 crore rupees.
However, the franchise looks set to recover in 2021 through a sponsorship deal. In the IPL 2021 season, the Delhi franchise has the most sponsorship from any other team. In 2021, they have signed 25 sponsorship agreements.
Delhi Capitals Sponsors in IPL 2021
Principal Sponsors – JSW, Apollo, Ebix Cash, and Jio
Associate Sponsors – ACKO, Cornitos, GMR Aerocity, Colgate, Evolut, Nissin, Octa FX, Dream11, Wrogn, MxTakaTak, PhonePe
Partners –Western Digital, BKT, Optimum Nutrition, Maxirich, Hunk, Boat, Kotak, FanCode, Fever FM, LG OLED, Matrix
Delhi Capitals Performance History in IPL:
|YEAR||LEAGUE TABLE STANDING||RESULTS|
|2008||4th out of 8||Semifinalists (4th)|
|2009||1st out of 8||Semifinalists (3rd)|
|2010||5th out of 8||5th|
|2011||10th out of 10||10th|
|2012||1st out of 9||Playoffs (3rd)|
|2013||9th out of 9||9th|
|2014||8th out of 8||8th|
|2015||7th out of 8||7th|
|2016||6th out of 8||6th|
|2017||6th out of 8||6th|
|2018||8th out of 8||8th|
|2019||3rd out of 8||Playoffs (3rd)|
|2020||2nd out of 8||Runners-up|
Delhi Capitals Team Players 2021:
|Shreyas Iyer (c)|
Rishabh Pant (wk)