Who is the owner of lsg ipl team
The Indian Premier League (IPL) has always been a high-octane cricket extravaganza. When the news came in that two new teams would be joining from IPL 2022, fans were ecstatic. This meant more games, more competition and even greater spectacles. We got to know eventually that one of these teams is Lucknow Super Giants (LSG), represented by the city of Lucknow in Uttar Pradesh.
Ownership of LSG IPL team
RPSG Group owns the franchise rights for the LSG IPL Team. They won the rights by making the highest bid at an impressive amount of INR 7090 crores. The successful bid highlighted their interest and commitment to cricket and reflects how they envision this investment as an opportunity to promote sports culture, specifically cricket, in India further.
RPSG Group: A Brief Overview
Founded by Dr Rama Prasad Goenka, RPG Enterprises conglomerate has established itself successfully in several industries such as energy, infrastructure, tyres, electronics and many others over a span of 7 decades. Today it operates internationally with its headquarters in Kolkata, India under the leadership of Sanjiv Goenka.
Sanjiv Goenka is also known for his previous association with Kolkata Knight Riders as a co-owner besides his other business pursuits. He sees massive potential in engaging with large audiences through this format of fast-paced entertainment, adding value not only commercially but also to the overall fabric of popular Indian sports.
The Vision for Lucknow Super Giants
As brand-new entrants into the world’s most lucrative cricket league, Lucknow Super Giants have immense opportunities lying ahead of them. Management’s vision goes beyond just creating a strong competitive cricket side; it encompasses fostering an energetic fanbase dedicated towards this sport.
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Towards Building a Competitive Side
RPSG group has demonstrated its keenness to build a competitive side. Having won the rights of the Lucknow franchise, they stressed on creating an exciting combination of experiences and young talents.
Community Building and Fostering Fans
The process of building the team from the ground up also involves nurturing a dedicated fan base in Uttar Pradesh as well as beyond it. The management is aware that engaging with fans, providing them a sense of belonging and pride will be crucial for this new venture’s success.
The Official Announcements
Post winning the bid; RPSG Group began the formation of their management staff by appointing Gautam Gambhir as their mentor. Gambhir, who had previously captained Kolkata Knight Riders under Goenka’s part ownership, now shoulders responsibility for mentoring LSG IPL Team.
Adani Wilmar Limited was soon announced as the title sponsor for the Lucknow Super Giants team, paving the way for aligning partnerships to foster growth.
Conclusion
In conclusion owning an IPL team can be seen not merely as a business transaction but more so a commitment towards promoting cricket – a religion that unites every Indian across geographical boundaries. It will certainly be interesting to see how RPSG Group brings the city of Lucknow onto cricket’s largest stages via IPL by leading Lucknow Super Giants.