Franchise Delhi Capitals (DC) are one of many oldest groups within the Indian Premier League (IPL). They’ve performed with a number of stalwarts however have not gotten the possibility to put their fingers on the trophy but. DC initially began with the identify Delhi Daredevils when GMR Group-owned them. Nevertheless, in 2018, JSW Sports activities purchased stakes within the firm, which led to a change within the identify of the crew to Delhi Capitals.
The Delhi-based franchise has completed wonders on the public sale desk, shopping for a few of the finest gamers within the match. Even in 2020, they reached the finals for the primary time however misplaced towards Mumbai Indians (MI). They’d gamers like Virender Sehwag, Glenn McGrath, Gautam Gambhir, and lots of extra within the league.
Possession and web price
GMR Group and JSW Sports activities personal DC. Kiran Gandhi, a second-generation entrepreneur, owns Delhi Capitals. The 50-year-old entrepreneur has been a board member of the GMR Group since 1999 and is at the moment the company chairman of GMR Group. He’s the son of Grandhi Mallikarjuna Rao, the founding father of GMR Group, a famend businessman.
Other than Gandhi, Parth Jindal can also be the chairperson and proprietor of DC. He’s a giant Indian enterprise tycoon and the director of JSW Sports activities. GMR Group purchased Delhi Daredevils for $84 million in 2008, and JSW Sports activities purchased 50% stakes within the crew in 2018 and altered the identify to Delhi Capitals. The present web price of DC is $64.1 million (₹480.4 crore).
Growth into international cricket
Other than the IPL, DC have just one crew within the Girls’s Premier League (WPL), organised by the BCCI. They have not expanded into international cricket but.
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Income sources of DC
Sponsorship offers
The franchise’s monetary success comes from a number of income streams, together with sponsorship offers, media rights, merchandise gross sales, ticket gross sales, and prize cash. DC’s essential title companion is Hero Fincorp. Other than that, their sponsors are DP World and All Seasons Packaged Ingesting Water, GMR, ACKO, Jio, Puma, JSW Paints, Encalm, Dream11, Livfast, Bisleri, Ebix, BigAnt Studios, Hurricane Power Drink, FC Store, MeduLace, Fever Occurring Hai and JioHotstar.
IPL media rights income
Certainly one of DC’s main income sources comes from the IPL’s media rights deal. The broadcasting rights for IPL 2023-27 have been offered for INR 47,333 crore (USD 6.2 billion), cut up between TV and digital platforms. Since IPL groups obtain a considerable portion of this income, DC advantages drastically from this revenue-sharing mannequin.
Merchandise and ticket gross sales
With regards to merchandise and ticket gross sales, DC earn a big sum of money for jerseys, caps, and ticket gross sales. The matches on the Arun Jaitley Stadium, Delhi, are additionally a supply of earnings for the Capitals.
Prize cash
Delhi Capitals have not received a single trophy but. So, they have not obtained any prize cash.
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