Who is the owner of KKR? Check details
Published on: Mar 24, 2023 8:49 pm IST|Updated on: Mar 24, 2023 8:49 pm IST
The Kolkata Knight Riders (KKR) team in the Indian Premier League (IPL) was purchased by Red Chillies Entertainment, the company owned by Bollywood actor Shah Rukh Khan, in collaboration with Indian businessman Jay Mehta, who is married to actress Juhi Chawla. This acquisition was made in 2008, and the two have been the co-owners of the team ever since.
KKR is one of the most popular franchises in the IPL, and the team has had some remarkable performances under the ownership of Red Chillies Entertainment and Jay Mehta that is the answer to Who is the owner of KKR. The team has won the tournament twice, in 2012 and 2014, under the captaincy of Gautam Gambhir. The ownership of Shah Rukh Khan’s company and Jay Mehta has helped to create a strong brand image for KKR, with their star power and business acumen contributing to the success of the team.
Who is the owner of KKR? Check details
The Kolkata Knight Riders (KKR) are one of the most popular franchises in the Indian Premier League (IPL), owned by Knight Riders Sports Private Limited, a company co-owned by Bollywood superstar Shah Rukh Khan’s company, Red Chillies Entertainment, and the Mehta Group. Jay Mehta, an Indian businessman and husband of actress Juhi Chawla, was the initial co-owner of the team, with Red Chillies Entertainment acquiring the franchise in partnership with him in 2008.
In 2015, the Mehta Group purchased a 45% stake in the team, becoming the co-owners of the Kolkata Knight Riders. The acquisition increased the team’s net worth to an estimated ₹629 crore. The ownership of the Kolkata Knight Riders has been a successful venture for both the Mehta Group and Red Chillies Entertainment and that answers Who is the owner of KKR.
Shah Rukh Khan is a known cricket enthusiast and has been actively involved with the team since its inception. His passion for the sport and involvement with the team has helped the Kolkata Knight Riders become one of the most popular franchises in the IPL. He has been seen cheering for the team during matches and has been a driving force behind their success.
The Mehta Group has also been actively involved in the operations of the Kolkata Knight Riders. The conglomerate has invested in several sectors across the globe and has been instrumental in the growth of the team. Their involvement has helped the team reach new heights in terms of performance and popularity.
Under the ownership of Knight Riders Sports Private Limited, the Kolkata Knight Riders have been highly successful, winning the IPL championship twice, in 2012 and 2014. The team has also reached the playoffs on several occasions, demonstrating their consistent performance in the tournament. The team has been known for its star-studded line-up over the years, with players like Gautam Gambhir, Sunil Narine, Andre Russell, Robin Uthappa, and Dinesh Karthik among others, donning the KKR jersey. These players have put in match-winning performances, helping the team win crucial matches.
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Apart from their on-field success, the Kolkata Knight Riders have also been involved in several social initiatives. The team has been actively involved in promoting women’s cricket, with the Kolkata Knight Riders launching a women’s cricket team, the Kolkata Knight Riders Women, in 2019. The team has also been involved in several other social causes, including education and health initiatives. The team’s involvement in social initiatives has been appreciated by fans and experts alike.
Knight Riders Sports Private Limited’s involvement in other cricket leagues such as the Trinbago Knight Riders team in the Caribbean Premier League, the Cape Town Knight Riders team in South Africa, and the purchase of a franchise cricket team in the USA, showcases their commitment towards expanding the sport globally. Their efforts to expand the sport globally have been appreciated by cricket enthusiasts worldwide.
The ownership of the Kolkata Knight Riders has also helped promote the city of Kolkata as a cricketing hub. The team’s home ground, the iconic Eden Gardens, has hosted several high-profile matches and has been a witness to some of the most memorable moments in Indian cricket history. The team’s success has helped attract more cricketing events to the city, further strengthening Kolkata’s position as a cricketing hub.
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