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: 2018
Stephen Fleming
Stephen Fleming is a New Zealand former cricketer. Stephen Fleming was appointed as Coach of the Chennai Super Kings in 2009.
He coached Chennai Super Kings for 6 years (2009-2015) before it got suspended from IPL for 2 years. In 2016 IPL, he became the coach of Rising Pune Supergiants. In 2018 IPL, Stephen Fleming returned as Coach of Chennai Super Kings after the 2 years suspension.
Stephen Fleming played for the Chennai Super Kings team in the 2008 IPL. He played 10 matches and scored 196 runs with a highest score of 45.
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.
