Site icon Who Is The Owner Of

Who is the Owner of Pune Warriors India?

Owner of Pune Warriors India Team - Wiki - Logo

Pune Warriors India entered the IPL with a bang and left just as abruptly. Sahara Group Sports Limited won the Pune franchise bid in March 2010 for ₹17.02 billion (about $370 million) — the highest bid in IPL history at the time — but the team lasted only three seasons.

The trouble started over franchise fees. Sahara had bid based on an assumption of 94 matches in the 2011 season, but the BCCI later reduced the season to 74 matches. Sahara demanded a corresponding reduction in its annual franchise fee, and when the dispute wasn’t resolved, the group withdrew the team from the IPL in May 2013. The BCCI formally terminated the franchise five months later, in October 2013.

Quick Facts

Team Pune Warriors India (defunct)
Owner Sahara Group Sports Limited
Winning Bid ₹17.02 billion (~$370 million), March 2010
Active Seasons 2011-2013
Withdrew May 2013
Formally Terminated October 2013

Ownership History

Year Development
2010 Sahara Group Sports Limited wins the Pune IPL franchise bid for ₹17.02 billion, the highest bid in IPL history at that point
2011 Pune Warriors India begins IPL play; the BCCI reduces the season from an anticipated 94 matches to 74, prompting Sahara to seek a lower franchise fee
2013 With the fee dispute unresolved, Sahara withdraws Pune Warriors India from the IPL in May
2013 BCCI formally terminates the franchise in October, ending the team’s three-season run

Key Ownership Highlights

FAQ

Who owned Pune Warriors India?

Sahara Group Sports Limited owned the franchise from its 2010 acquisition until its 2013 withdrawal.

Why did Pune Warriors India leave the IPL?

Sahara withdrew the team in 2013 following an unresolved dispute over franchise fees, after the BCCI reduced the number of matches in the 2011 season from the figure Sahara had based its bid on.

Related Reading

Pune Warriors India shares its brief history with Kochi Tuskers Kerala — both were early-2010s IPL franchises that folded within a few seasons.

{“@context”:”https://schema.org”,”@type”:”FAQPage”,”mainEntity”:[{“@type”:”Question”,”name”:”Who owned Pune Warriors India?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Sahara Group Sports Limited owned the franchise from its 2010 acquisition until its 2013 withdrawal.”}},{“@type”:”Question”,”name”:”Why did Pune Warriors India leave the IPL?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Sahara withdrew the team in 2013 following an unresolved dispute over franchise fees, after the BCCI reduced the number of matches in the 2011 season from the figure Sahara had based its bid on.”}}]}
Exit mobile version