The Punjab franchise was sold to the KPH Dream Cricket Private Limited, Dabur Group’s Mohit Burman (46%), the Wadia group’s Ness Wadia (23%), Preity Zinta (23%) and Saptarshi Dey of the Dey & Dey Group (8%) for $76 million (Rs 525 crore).
Season: 2017
Paddy Upton
Paddy Upton is a South African. Paddy Upton was Head Coach of Rajasthan Royals for 3 seasons (2013-2015). In 2018 IPL, he was appointed as Head Coach in 2018 of Rajasthan Royals.
Under his coaching, the Rajasthan Royals team to IPL Semi-finalists and Champions League finalists in Paddy Upton’s first season (2013).
He also head coach of Delhi Daredevils for two seasons (2016-2017) in the IPL. Paddy Upton was Head Coach of Pune Warriors in 2012.
GMR Group
The Delhi franchise was sold to the GMR Group for $84 million (Rs 580 crore). The team changed its from Delhi Daredevils to Delhi Capitals, in December 2018.
In March 2018, GMR Group sold a 50% stake in Delhi Daredevils to JSW Sports for $77 million (Rs 550 crore).
Kiran Kumar Gandhi is the Director and Corporate Chairman of the GMR Group. GMR Group is an infrastructural company. The company was founded in 1978 by Grandhi Mallikarjuna Rao. Its headquartered in Bengaluru.
Manoj Badale
The Jaipur franchise was sold to the Emerging Media’s Badale for $67 million (Rs 460 crore). Manoj Badale is the owner of Rajasthan Royals Team in IPL. Manoj is the co-founder and managing partner of Blenheim Chalcot and the chairman of the British Asian Trust.
