Who is the owner of Kolkata Knight Riders? Check all details here
Updated on: Mar 21, 2023 12:16 pm IST
The Kolkata Knight Riders were initially owned by Bollywood superstar Shah Rukh Khan’s company, Red Chillies Entertainment, in partnership with Jay Mehta, an Indian businessman and husband of actress Juhi Chawla. They acquired the franchise in 2008 and have been the co-owners of the team ever since.
Who is the owner of Kolkata Knight Riders?
In 2015, the Mehta Group purchased a 45% stake in the team, making them the co-owners of the Kolkata Knight Riders. With this acquisition, the team’s net worth was estimated to be around ₹629 crore.
Shah Rukh Khan is a well-known cricket enthusiast and has often been spotted cheering for his team during matches. His passion for the sport and his involvement with the team has helped the Kolkata Knight Riders become one of the most popular franchises in the IPL.
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.
KKR’s Success Under the Ownership
Under the ownership of Knight Riders Sports Private Limited, the Kolkata Knight Riders have won the IPL championship twice, in 2012 and 2014. The team has also reached the playoffs on several occasions, demonstrating its 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. The team’s performance on the field has been exceptional, with several players putting in match-winning performances to help the team win crucial matches.
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 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.
Moreover, 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.
In conclusion, the Kolkata Knight Riders are co-owned by Knight Riders Sports Private Limited, with Red Chillies Entertainment and Mehta Group as the co-owners of the team. The team has been one of the most successful franchises in the IPL, winning the championship twice and consistently performing well in the tournament.
The involvement of Shah Rukh Khan, Juhi Chawla, and Jay Mehta has been instrumental in the team’s success both on and off the field. With a net worth of around ₹629 crore, the Kolkata Knight Riders are one of the most valuable franchises in the IPL, and their success is a testament to the hard work and dedication of the owners and the team.