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The Billionaire Backers Behind Cricket’s Global Expansion

The Billionaire Backers Behind Cricket’s Global Expansion

Published:
2025-07-10 16:48:02
22
1
BTCCSquare news:

Cricket's transformation from colonial pastime to commercial juggernaut is being bankrolled by billionaire team owners who treat franchises as strategic assets. Mukesh Ambani’s Mumbai Indians exemplify this shift—the Reliance Industries chairman has built not just a winning IPL team but a global sports enterprise spanning India, South Africa, and the UAE.

Private equity is now entering the crease. CVC Capital Partners’ Gujarat Titans shocked the league by clinching the 2022 IPL title in their debut season, proving institutional investors view cricket franchises as appreciating assets. The Torrent Group-backed team’s immediate success signals deeper capital pools flowing into the sport.

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