Who are the owners of the two new teams in the Women’s Premier League?

Adani Sportsline is the sports arm of the Adani Group, an Ahmedabad-based conglomerate. They’ve been trying to get their hands on an IPL team for a while now, and now they’ve wasted no time in picking a name: Gujarat Giants.

Adani bid the most in the WPL auction – INR 1289 crore (US$ 158 million) – and will base their team from Ahmedabad, home to the Narendra Modi Stadium which can seat over 100,000 people.

They also bid for one of the two new men’s IPL teams in 2021, when the BCCI expanded the tournament from eight to ten teams, but were unsuccessful.

Established in 2019, Adani Sportsline already owns two cricket franchises: Gulf giants at ILT20 which started this year in the UAE, and the Gujarat Giants Legends League Cricket (LLC), a competition that has been played between current and former players for two seasons.

The Gulf Giants are led by England batsman James Vince and coached by former Zimbabwe captain and England coach Andy Flower. Gujarat Giants were led by Virender Sehwag and included big name players like Chris Gayle, Daniel Vettori and Graeme Swann.

“The Indian women’s cricket team is doing exceptionally well – and a cricket league for women is a significant step in creating more opportunities for women through the sport,” Pranab Adani, director of Adani Enterprises, said in a statement on Wednesday following their winning bid. . “Cricket is an integral part of the fabric of the country and Adani Sportsline was keen to begin their association with the game with the inaugural edition of the Women’s Premier League.

Adani Sportsline has also ventured into Kabaddi, Boxing and Kho-Kho under the name Gujarat Giants with great success. Their Kabaddi team was runners-up in the Pro-Kabaddi League in 2017 and 2018. Their boxing team won the first Big Bout Boxing League in 2019, along with some of India’s top boxers like Amit Pangal. Their Kho-Kho team topped the table in the Ultimate Kho-Kho League in 2022 but lost in Qualifier 2.

Capri Global Holdings is part of Capri Loans, an India-based NBFC (non-banking financial company), which on Wednesday spent INR 757 crore ($92.85 million) for the cheapest women’s franchise in the WPL. They will be located outside Lucknow, which has a fairly new cricket stadium and can host around 50,000 people.

Like Adani, Capri already owns a cricket team and a kho-kho team. their ILT20 Cricket Team Called Sharjah Warriors, who were initially led by England’s Moeen Ali before moving on to national duty.

Capri Global Group, which owns several subsidiaries, has a net worth of around Rs 5,400 crore ($700 million) and is a listed company on the Bombay Stock Exchange and the National Stock Exchange. They were part of the bid for two new men’s IPL teams a few years ago but failed. But despite the setbacks, Capri continued their efforts to break into the lucrative franchise cricket space.

Capri’s Kho-Kho team is called Rajasthan Warriors, which finished last among six teams in 2022. They also have a small presence in kabaddi as one of the sponsors of Bengal Warriors since last October.

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