Cricket - Featured - Indian Premier League - December 6, 2019

Gautam Gambhir set to co-own Delhi Capitals

Former India and Delhi opener Gautam Gambhir is soon set to co-own the Delhi Capitals. As per reports, Gambhir has been in talks with the GMR group. The GMR group owns a 50% stake in the team. JSW sports owns the rest 50% stake. The talks have been on for the last couple of months. 

As per sources, negotiations are as good as complete. However, they are waiting for a clearance from the governing council of IPL. BCCI owns the IPL governing council. They furthermore added that Gambhir is keen on buying a 10% stake. A 10% stake could value as much as INR 100 Crore. 

JSW bought a 50% stake in the team the previous year. This stake values at INR 550 Crore. They renamed the side from Delhi Daredevils to Delhi Capitals. It proved to be a shift in fortune for the Delhi franchise. While they would struggle at the bottom, they finished third last season. 

Gambhir hasn’t been available to comment on the matter yet. However, the team has confirmed that talks are on. After the signing of an agreement, the details will be disclosed to the public. “The matter has been discussed for the last few months and it is only a matter of days,” a source said. 

A return to where it all started for Gambhir

Gambhir began his IPL career with the Delhi Daredevils. He stayed with his home franchise for three seasons. However, he moved to Kolkata Knight Riders as he was bought by them in 2011. For Gambhir, all his success in the IPL has come with KKR. He successfully captained them to two IPL titles. His contributions as captain and opener helped establish KKR as one of the strongest sides. 

Gautam Gambhir KKR

However, in 2018, Gambhir returned to his home franchise. But he could not replicate his performance again with Delhi. As a result, he dropped himself midway and Shreyas Iyer leads the side ever since. Gambhir is set to return to his home franchise yet again, this time, however, as a co-owner. 

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