Sunrisers Hyderabad (SRH) Owner – Who is the Owner of SRH in IPL?

Who is the Owner of SRH? SRH is a franchise cricket team that represents the city of Hyderabad in the IPL. The team was founded in 2012 and has become one of the most successful franchises in the league, winning the title in 2016. The team is known for its talented players, including David Warner, Bhuvneshwar Kumar, and Rashid Khan, and has a loyal fan base in Hyderabad and beyond.

History of Sunrisers Hyderabad

Sunrisers Hyderabad was founded in 2012 as a replacement for the Deccan Chargers, another IPL team that had been terminated due to financial issues. The new team was owned by Deccan Chronicle Holdings Limited, a media company based in Hyderabad.

However, in 2012, the ownership was transferred to Kalanithi Maran, the founder and chairman of Sun Group, a media conglomerate based in Chennai.

Under Maran’s ownership, SRH has enjoyed significant success in the IPL. The team has qualified for the playoffs in each of the last five seasons and won the title in 2016. The team is known for its strong bowling attack, led by Bhuvneshwar Kumar and Rashid Khan, and its aggressive batting style, led by David Warner.

Ownership of SRH

As mentioned earlier, the Sunrisers Hyderabad team is owned by Kalanithi Maran, the founder and chairman of Sun Group. Maran is a well-known figure in the media industry in India and has been involved in various businesses, including television, newspapers, and FM radio stations.

Maran’s daughter, Kavya Maran, is also a co-owner of the team and is involved with SUN music and FM channels of SUN TV. Kavya Maran has been seen attending IPL auctions and matches alongside other members of the SRH management team.

Current Owner of SRH in IPL

The ownership of Sunrisers Hyderabad remains with Kalanithi Maran. Maran’s continued investment in the team has helped SRH maintain its position as one of the top franchises in the IPL. The team’s success on the field and its loyal fan base have also contributed to its sustained success.

SRH’s Brand Value and Revenue

In 2020, SRH’s brand value was estimated at $57.4 million, a decline of around 4% from the previous year due to the impact of COVID-19 pandemic on the IPL’s overall brand value.

As of 2023, SRH is the 8th most valuable IPL franchise with an estimated brand value of $48.2 million.

Revenue Sources:

1. Media Rights Revenue:

• SRH earns a share of the IPL’s central revenue pool, which primarily consists of money from media rights deals .
• The IPL’s latest media rights deal for 2023-2027 is valued at $6.4 billion, with each match valued at around $13.4 million.

2. Sponsorship Revenue:

• SRH has sponsorship deals with brands like BKT Tires, Kuhl, All Seasons, Wavin, Arun Icecream, Centuary Mattress, Jio, Dream11, and others.
• In the 2023 season, sponsorship revenue accounted for around 17% of the total revenue for IPL franchises on average.

3. Merchandise Sales:

• SRH sells branded merchandise like jerseys, caps, and other apparel through official channels and retailers.

4. Prize Money:

• SRH won the IPL title in 2016, earning the winner’s prize money of around $4 million that year.

5. Other Sources:

• Gate revenue from ticket sales for home matches, hospitality packages, player trading fees, etc.

Conclusion

Sunrisers Hyderabad is a successful and popular franchise in the Indian Premier League, thanks in large part to the ownership and investment of Kalanithi Maran. As of 2023, Maran remains the owner of the team, with his daughter Kavya Maran serving as a co-owner.

The team’s continued success on the field and its loyal fan base have helped to maintain its brand value and revenue streams.

In conclusion, the ownership of Sunrisers Hyderabad in the IPL is held by Kalanithi Maran, the founder, and chairman of Sun Group.

Under his ownership, the team has become one of the most successful franchises in the league, winning the title in 2016 and qualifying for the playoffs in each of the last five seasons. With a strong ownership structure and talented players, SRH is poised for continued success in the future.