The Chennai Super Kings owner for the IPL 2022 season is the Chennai Super Kings Cricket Limited with the net worth of ₹732 crore.
Chennai Super Kings Cricket Limited
The Chennai Super Kings a.k.a CSK, is a franchise cricket team which takes part in the Indian Premier League or the IPL. Chennai Super Kings is based in Chennai as evident from its name. The Chennai based franchise was one of the original eight teams which participated in the inaugural IPL season in 2008. Chennai Super Kings is owned by Chennai Super Kings Cricket Limited.
Who is the owner of CSK in 2022?
Chennai Super Kings owner in 2022 is the Chennai Super Kings Cricket Limited. The Chennai Super Kings Cricket Limited was formed on December 19, 2014 and acquired the team and it's rights from its parent company, India Cements. Apart from playing managerial and administrative roles for the franchise, the Chennai Super Kings Cricket Limited also owns the rights to the team's jersey and other merchandise such as t-shirts, mugs, posters, footwear, wristbands etc. Chennai Super Kings Cricket Limited is registered as a non-governmental company.
All CSK Owners
The Board of Cricket Control in India or the BCCI announced a franchise based T20 domestic league in India in 2007. Each of the original eight franchises were paired with a particular city and put up for auction in 2008. The Chennai-based franchise was bought by India Cements, an Indian cement manufacturing company, which was itself founded in 1946.
In July 2015, amidst the match-fixing scandal, the RM Lodha committee suspended India Cements and Jaipur IPL for a period of two years finding them guilty of the offence. As part of the punishment, Gurunath Meiyappan, a former team official of Super Kings and son-in-law of industrialist N Srinivasan, was banned for life.
Due to these scandals the Chennai Super Kings Cricket Limited was formed and all the rights of the franchise, both administrative and managerial were handed over to them.
Indian industrialist N. Srinivasan is the Managing Director of India Cements. Many cricket fans would know that Srinivasan has served as the chairman of the ICC and the President of the BCCI in the past.
He was born on January 3, 1945 and is 77 years old. His residence is in Chennai. His wife’s name is Chitra, and the couple has two children, namely Ashwin and Rupa.
Net Worth of Chennai Super Kings in 2022 - USD 104 Million
According to reports, Chennai Super Kings became the first Indian Premier League franchise to achieve the unicorn status last year. It has a market cap of INR 7,600 crore, with the share price in the grey market trading being between INR 200 to 225.
CSK reportedly has a net worth of roughly USD 104 million, which equals to almost INR 732 crore.