‘Gujarat Titans could make profits the next rights cycle’
CVC Capital Partners-owned Indian Premier League franchisee Gujarat Titans expects to become profitable in the next media rights cycle, a top executive told ET. CVC Capital bought Gujarat Titans, IPL’s Ahmedabad franchisee, for Rs 5,625 crore in 2021 for 10 years. Ahmedabad is the second-most expensive IPL franchisee after Lucknow, which was acquired by the …