look news india
This time a mega auction is going to be held before the new season of IPL. Cricket fans are eagerly waiting for this, because after the mega auction, changes can be seen in all the teams. Apart from this, there may be a change in the team of many big players. Now news is coming out that the owner of this team may change. We are talking about Gujarat Titans. Soon we may get to see the new owner of Gujarat Titans.
Torrent Group may be the new owner of GT
According to reports, Ahmedabad-based Torrent Group is all set to buy a majority stake in IPL team Gujarat Titans. An agreement has been reached with CVC Capital Partners. A report said that Adani Group had also shown interest in acquiring a stake in Gujarat Titans, but the talks did not move forward. A formal deal can be signed only after the lock-in period ends. Meanwhile, CVC's team is expected to be valued at over $1 billion.
Entry in IPL happened 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 first season itself. 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 led Gujarat Titans for two consecutive seasons.
Hardik returned to Mumbai
After this, Hardik returned to his old team Mumbai Indians in IPL 2024 and was also made the captain of Mumbai Indians in place of Rohit. At the same time, the captaincy of Gujarat Titans has been handed over to Shubhman Gill. However, Gujarat's performance was not so good in the last season and the team could not even reach the playoffs.