Torrent Group acquires 67% stake in IPL franchise Gujarat Titans
Torrent Group is making waves in the cricket world by acquiring a 67% stake in the Gujarat Titans (GT). This change comes from CVC Capital Partners, who have owned the franchise since 2021. The deal marks a significant shift for the IPL champions, who won the title in 2022 and reached the finals in 2023 but struggled last season, finishing in eighth place.
The acquisition is pending approval from the IPL governing council, but if all goes well, Torrent's new role could start in the 2025 season, beginning on March 21. This exciting news comes as the Gujarat Titans prepare to take their place in the Indian Premier League’s competitive landscape. With Torrent Group at the helm, fans are hopeful for improved performance and strategic growth.
A bright new future for Gujarat Titans
The team plays at the Narendra Modi Stadium, the largest cricket stadium globally, capable of holding over 100,000 spectators. This large venue adds to the thrill surrounding the franchise. As Gujarat Titans transition to new ownership, fans eagerly anticipate how this change will affect the team's future. This investment by Torrent Group could be just what the team needs to reclaim its winning ways.
