Published 21:27 IST, April 9th 2020
Who owns SRH? Owners' net worth, initial investment, main business and team's brand value
Kalanithi Maran, who owns SRH, has pledged ₹10 crore towards coronavirus relief measures. Let's take a look at his net worth and the team's brand value.
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Hyderabad franchise Deccan Chargers, who won IPL in 2009, was terminated by BCCI in 2012, and a tender for a new team was called upon. franchise was taken over and rechristened as Sunrisers Hyderabad (SRH), making its debut in IPL 2013 season. Here are answers to some of franchise-related queries online such as 'Who owns SRH? and 'What is Sunrisers Hyderabad's brand value?"
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Who owns SRH? Sunrisers Hyderabad team owners and ir net worth
Sunrisers Hyderabad is owned by Kalanithi Maran of Sun TV Network, who won bid for Deccan Chargers franchise. Kalanithi is son of former Union Minister of India Murasoli Maran and grand-nephew of former Tamil Nadu chief minister M. Karunanidhi. He is chairman and founder of Sun TV Group and has a stake in TV channels, newspapers, weeklies, FM Radio stations, DTH services and a movie production house.
Kalanithi Maran, who owns SRH, has a net worth estimated to be around $1.6 billion (₹760 crore) according to Forbes.com. Maran, who owns SRH, is one of highly paid CEOs in country, and rakes in ₹13.83 crore as his annual salary according to financialexpress.com. His daughter Kavya Maran is also heavily involved in running franchise and made many heads turn with her presence during IPL 2020 Auction.
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Who owns SRH? Sunrisers Hyderabad brand value
Sunrisers Hyderabad is one of most popular franchises in IPL. Sun TV-owned franchise has an estimated brand value of ₹524 crore ($69 million) according to statista.com. Hyderabad franchise boasts of 1.3 million followers on Instagram, 2,2 million followers on Twitter and a furr 5.9 million followers on Facebook. Kalanithi Maran, who owns SRH, purchased franchise for ₹85.05 crore (US$12 million) per year on a five-year deal back in 2013.
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Who owns SRH? Sunrisers Hyderabad contribute to coronavirus fight
IPL 2020 was postponed due to coronavirus pandemic. Kalanithi Maran donated ₹10 crore on behalf of SRH to coronavirus relief fund. coronavirus pandemic has resulted in a complete lockdown in country, with people advised to stay indoors. SRH captain David Warner has hailed SRH's efforts to fight Coronavirus pandemic.
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21:27 IST, April 9th 2020