A big update is coming from ESPN Cricinfo's new report. in which, according to this report, Gujarat Titans' current owners are set to sell the majority of the stake to the Torrent Group for IPL 2025, in which paperwork is going on, and once it's completed, the IPL governing council will confirm.

🚨 NEW OWNERS OF GT. 🚨

- Torrent Group set to buy 67% stake in Gujarat Titans. (Espncricinfo). pic.twitter.com/KDwjA4bvL1

— Mufaddal Vohra (@mufaddal_vohra) February 11, 2025

Torrent Group, an Ahmedabad-based Indian conglomerate in the business world, is set to acquire a majority stake of more than two-thirds of the team, buying a 67% stake from the current owners of Gujarat Titans, CVC Capital Partners (Irelia Company Pte Ltd).

CVC bought the Gujarat Titans for INR 5,625 crore (approx. 750 million US dollars) in the IPL 2021 bidding auction for the two new IPL teams. Interestingly, in this auction, the torrent group is also there among the final nine bidders for the two new teams.

Also Read: Mumbai Indians Acquire Stake in Oval Invincibles, Expanding Global Cricket Presence

Gujarat Titans squad for IPL 2025

Gujarat Titans appointed a new captain, Shubman Gill, in the 2024 IPL after Hardik Pandya's exclusion from their side. Shubman Gill, leading the side for the first time in the 2024 IPL season, did not go well as they placed 8th.

After a disappointing performance of the team under Shubman Gill's leadership last year, he is once again appointed as captain for this year's IPL.