Who is the Owner of Chennai Super Kings in IPL? Name, Age, Net Worth, Controversy, & Background

Chennai Super Kings (CSK) came into existence in 2008, and since then, they have been the most consistent team in the Indian Premier League (IPL). Under captain MS Dhoni, the team have won five titles in the IPL, has been to the finals ten times and qualified for the playoff stages 12 out of 15 times. The ownership of CSK belongs to the Chennai Super Kings Cricket Limited (CSKCL), a company formed in 2014. The owner of the company is N. Srinivasan, the former Chairman of ICC and President of BCCI. In 2008, he bought CSK for Rs 360 crore (approx US$91 million). 

However, after some controversies regarding his participation and involvement with an IPL team, a separate entity was formed to handle the team. Before CSKCL was formed, Indian Cements had ownership of the team. Now, Kasi Vishwanath is the CEO of CSKCL and handles the team. He is the person who is mostly present during the matches and press conferences. CSKCL also owns many other teams in different franchise leagues like SA20 and MLC. 

Chennai Super Kings Team Information
Team Name – Chennai Super Kings
Age –
Ownership since – 2014
Team Captain – Ruturaj Gaikwad
Head Coach – Stephan Fleming
Win Ratio –
Net Worth – $ 81 million

Who is the current Chennai Super Kings owner?

The Chennai Super Kings currently are handled by the Chennai Super Kings Cricket Limited (CSKCL), which was formed in December 2014. The CSKCL got the legal rights from Indian Cements in 2014. They look into the jerseys and other merchandise of the team. As per reports, CSK’s current promoters are EWS Finance and Investments (21.47 percent), Rupa Gurunath as trustee of the Financial Services Trust and Securities Services Trust (6.48 percent), N. Srinivasan (0.14 percent), Chitra Srinivasan (0.02 percent), Rupa Gurunath (0.01 percent), S. K. Ashok Baalaje (0.02 percent), and Rajam Krishnamurthy (1,940 shares). 

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Business Ventures and Affiliations

The name CSK is a brand in itself because whatever they sell, it sells like hotcakes. There isn’t any corner in India where you will not find a fan wearing CSK jersey. Even their merchandise have been pretty popular which help them to generate a great revenue. Apart from this, they also own a cricket academy in Chennai which help the youngsters to get good guidance and coaching.

The five-time IPL champions also own franchises in two other T20 Leagues. They own Joburg Super Kings in SA20 and Texas Super Kings in Major League Cricket. The also have backing of popular brands like TVS Eurogrip, Gulf Oil, India Cements and others. Also, having a legend like MS Dhoni in their time help the franchise in terms of brand value.

What is the net worth of Chennai Super Kings?

The Indian Premier League (IPL)’s net worth as of 2024 is reportedly $16.4 billion, up 6.5 percent from last year. The franchise league gains a lot of money in just two months and so does the other franchises. Being the best in the game and business, Chennai Super Kings are leading the net worth race by a good margin. Currently, as per reports, CSK is the most valued franchise with $231 million. They have achieved a growth rate of 9% from last year. This speaks volumes about their performance and the support of the fans they get throughout the year. 

Performance Stats under Chennai Super Kings Cricket Limited

The change of ownership didn’t change the performance graph of CSK. Over the years, the team has gained a lot of popularity along with titles and trophies. From 2008-2014, when the Indian Cements owned the team, they won two titles and qualified for the finals five times, and reached the playoffs in all the seasons. Moreover, from 2014-2024, they played in the finals five times and won the title thrice. This is the main reason why they have such a huge fan base. Also, CSK won all of their finals under the captaincy of MS Dhoni. One of the best captains in the history of the game, Dhoni has been with the team since its inception. 

Chennai Super Kings Ownership History

CSK are one of the original franchise which have been competing in IPL since its birth in 2008. They were initially owned by the India Cements and gained a very big fanbase in just a short span of time. However, things took a drastic change when the franchise faced a two-year ban due to a spot-fixing allegation. Rajasthan Royals were the other team which were banned as well for two years.

After that, Chennai Super Kings Cricket Limited was created and it took ownership of the franchise with the team making its comeback in 2018. Since then, the team haven’t faced any challenges and all the things are going pretty smoothly.

Also Read: Who is the owner of Delhi Capitals in IPL? Name, Age, Net Worth, Controversy & Background

Controversies and Legal Challenges

CSK might have the five-time IPL champion and it is the most talked-about thing about them but that’s not it. The team saw them in a spot-fixing scandal in 2013 after N Srinivasan’s son-in-law, Gurunath Meiyappan, was caught in a betting case. Fans didn’t expect that coming and as a punishment, the franchise was given a two-year suspension. However, the players were sold to other teams and played in that two-year ban period for other teams.

CSK made their comeback in 2018 after missing two seasons in 2016 and 2017. They won their third IPL title in that season and also gained their fans’ trust back. Since then, the franchise haven’t faced any controversies and have been competing in the league smoothly.