Delhi Captials is a Delhi-based cricket franchise that plays in the biggest T20 league on the planet, Indian Premier League. They are one of original eight teams that were introduced in the inaugural season of the marquee league in 2008.
The GMR group were the owners of the franchise and they used to be known as Delhi Daredevils. However, In 2018, the GMR group sold 50% of stakes to the JSW sports and the identity of the team was changed to Delhi Capitals, subsequently.
Meanwhile, Delhi Capitals are only one of three original teams that haven’t won the IPL championship yet. However, since 2018, they have turned into a serious force and have been the regular contenders for the playoffs.
Despite all the struggles Delhi Captials have had on the field, they have never been short of the star power. Players like Virender Sehwag, Gautam Gambhir, Kevin Pietersen, Ross Taylor, Zaheer Khan, AB de Villiers, and Rishabh Pant have represented the franchise across the seasons.
Delhi Capitals (DC) Owner Details
|Team Name||Delhi Capitals|
|Owner(s)||GMR Group and JSW Sports|
|CEO/Team Manager||Vinod Bisht|
Who is the owner of Delhi Capitals (DC) in IPL?
In 2022, the GMR group and JSW sports own Delhi Capitals with the stake of 50% each. In 2008, the GMR Group brought the franchise, formerly known as Delhi Daredevils, for USD 84 million. The GMR group is a property and estate development company.
After a decade, the GMR group sold their 50% of the stake as the JSW sports came on board after buying the half of the share in the franchise for INR 550 crore. The JSW group is one of the India’s biggest multinational conglomerates. They are involved in multiple sectors like steel, cement, minerals, energy, infrastructure, and ports in India as well as in overseas.
Parth Jindal, who is the Director of JSW Sports, runs the Delhi Capitals alongside Kiran Gandhi, who is the CEO, MD and director of GMR Infrastructure. Both Gandhi and Jindal could be regularly seen participating actively in the IPL events and the auctions representing the franchise.
Delhi Capitals Team Brand Value – How much do Delhi Capitals’ owners earn?
According to the Forbes, Delhi Capitals are the 5th most valuable franchise in the Indian Premier League in 2022. They are currently have the valuation of $1.035 billion. They had a revenue of $35.4 million with an operative income of $8.3 million.