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.

CVC Capital Partners are planning to sell most of their stake in the Gujarat Titans IPL team, valued at around 1-1.5 billion US dollars.

According to The Economic Times, the Luxembourg-based private equity firm is in talks with the Adani Group and Torrent Group about selling a majority of its stake in the Titans.

CVC Capital to Sell Majority Stake in Gujarat Titans

However, CVC Capital Partners will still keep a minority interest after the sale. CVC Capital Partners bought the Gujarat Titans for Rs. 5625 Crores in 2021, a year before the team made its first appearance in the Indian Premier League.There was a four-year lock-in period on the ownership, which is ending soon.

The Board of Control for Cricket in India doesn’t allow franchises to sell their stake before the lock-in period ends.With the lock-in period expiring in February next year, CVC Capital Partners are planning to leave their ownership of the Titans, who won the title in their first attempt.

Both Adani Group and Torrent Group initially showed interest in the franchise, bidding Rs 5,100 crore and 4,653 crore, respectively.

Gujarat Titans: Performance Over the Years

The Gujarat Titans have been very successful in the IPL, reaching the finals twice and winning once in three years.After Hardik Pandya left the franchise for a lucrative 15 Cr deal with Mumbai Indians, GT named young batter Shubman Gill as his successor.However, Shubman Gill had a tough start to his leadership, with the Titans finishing eighth in the ten-team standings.