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

The Lucknow Super Giants (LSG) joined the Indian Premier League (IPL) in 2022 under the captaincy of KL Rahul. Unlike Gujarat Titans, who played in the finals twice, LSG are yet to make it into the finals in the tournament. In the mega auction 2024, the franchise went all in for Rishabh Pant and brought him a whopping amount of INR 27 crores. He is now the highest-paid cricketer in the history of the tournament. Pant was the skipper of the Delhi Capitals before joining LSG. Now, he will be captaining his new team in the upcoming season. 

This captaincy reveal was made by LSG’s owner Sanjiv Goenka, who arranged for a chat session with Pant, where they announced the captain. On papers, LSG is owned by a company called RPSG, which is led by none other than Sanjiv Goenka. LSG is relatively new to the tournament and hasn’t impressed yet. Goenka will be hoping for a change in the dynamics and functioning of the team now that he has a new captain. 

Lucknow Super Giants Team Info
Team Name – Lucknow Super Giants
Age – 3
Ownership since – 2021
Team Captain – Rishabh Pant
Head Coach – Justin Langer
Win Ratio –
Net Worth – $47 million

Who is the current Lucknow Super Giants owner?

Lucknow Super Giants came into existence in 2021 when the IPL committee decided to add two new teams to the competition. Sanjiv Goenka, who is the man-in-charge of the RPSG company, brought the franchise at a whopping amount of INR 7090 crore. 

Hence, the team was then formed in 2021 with KL Rahul as the captain. After buying all the players and settling the team, LSG made their debut in 2022. It wasn’t their best season but they played well in the tournament. They finished third in the competition but were knocked out by RCB in the eliminator.

Well, the RPSG group were waiting for an opportunity like this to step into the IPL. Back in 2016 when CSK and RR were banned from the IPL for two years, it was Goenka who stepped forward and bought a team and named it the Pune Super Giants. After two years, RPS were removed and the former teams came back into the competition.

Who is LSG Owner Sanjiv Goenka?

LSG’s owner Sanjiv Goenka is an Indian businessman, born in Kolkata in 1961. He is the son of Rama Prasad Goenka, the founder of the RPG Enterprise, the famous Indian industrial and services conglomerate. Goenka studied in IIT Kharagpur and then went on to handle his father’s business.

However, after some disputes with his brother, the RPSG Group separated from the RPG Enterprise, which is now handled by his brother Harsh Goenka. The RPSG Group came into existence in 2011 and has been successful ever since. As per Forbes 2024, Saniv Goenka’s net worth is $4.9 Billion and is the 65th richest person in India.

Also Read: Who is the Owner of Rajasthan Royals? Name, Age, Net Worth, Controversy, & Background

Business Ventures and Affiliations

RPSG Group is trying to make a good amount of business in the sports world. Before entering the IPL, they were already a part of the Indian Super League (ISL), where they own a famous team called the Mohun Bagan Super Giant football team. Moreover, they own the Durban’s Super Giants cricket team in the SA20 League. Then is the Lucknow Super Giants in the IPL. Mohun Bagan has been very successful in the Indian Super League throughout the years.

Apart from sports, the RPSG Group is into multiple businesses like power and energy, carbon black manufacturing, retail, media and entertainment, IT-enabled services, FMCG, infrastructure and education. They are the owner of India’s oldest music label, Saregama India LTD.

Their hold over the digital music, films, and TV is quite good. They have a media win, Open Media Network, and magazine Open. The company has spread its wings and touched almost every sector in the business. They have a good partnership with brands like My11Circle, Jio, BKT, Greenply, and Cardbury Dairy Milk.

What is the net worth of Lucknow Super Giants?

As per reports, the net worth of the Lucknow Super Giants is $47 million. However, Sanjiv Goenka’s company RSPG Group’s net worth is around US$6 billion asset base and US$4.3 billion revenue. They have a widespread business venture, which has helped them get a huge profit since the inception of the company. Goenka’s business mind and skills are just outstanding, which is evident.

Performance Stats under RPSG? 

Talking about the performance stats, since LSG is a new team, they qualified for the playoffs in 2022 and 2023 but failed to get past the eliminator stage in both seasons. However, their performance dropped in 2024 as they couldn’t qualify for the playoffs. KL Rahul’s captaincy was questioned after a mediocre performance in the previous season. Now with a new captain, LSG will look to build a great team.

Lucknow Super Giants Ownership History

The team was bought in 2021 by the RSPG Group, led by Sanjiv Goenka. Even now, the same owner is there to handle the franchise. Goenka has been consistent with attending games and talking to the players post the matches. Moreover, his involvement with the team members was seen in several instances during the IPL seasons.

Controversies and Legal Challenges

Well, Sanjiv Goenka doesn’t have a good reputation while dealing with the Indian wicket-keeper batters in the IPL. In 2016, when MS Dhoni was the skipper of the RSG team, Goenka sacked him after one failed season and made Steve Smith the captain of the team. The same thing happened in 2024 as Goenka was seen having animated chats with KL Rahul after losing a game in the IPL.

The videos went viral on social media like wildfire. Now that Rishabh Pant is the captain, he’ll also have to go through all the scrutiny if the team doesn’t perform well. However, he will hope that things go their way in the upcoming season.