Who Owns Lucknow Super Giants?
![LSG owner Sanjiv Goenka with son Shashwat Goenka [Source: @LucknowIPL/x.com]](https://onecricketnews.akamaized.net/parth-editor/oc-dashboard/news-images-prod/1733405854608_Untitleddesign(38).jpg?im=Resize=(650,450))
LSG owner Sanjiv Goenka with son Shashwat Goenka [Source: @LucknowIPL/x.com]
Lucknow Super Giants (LSG) are one of the youngest teams in the IPL, but they’ve already made people sit up and take notice. Joining the league in 2022, LSG came in with a bang after being bought for a record-breaking price.
Since entering the cash-rich league, they have been all about thrilling cricket, passionate fans, and a desire to win. A major part of LSG’s story is their owner, Sanjiv Goenka and his RPSG Group. With his business knowledge and love for the game, Goenka has set LSG up to be a strong contender in the IPL.
Here’s a closer look at Lucknow Super Giants owners who run the show behind this powerhouse franchise.
Lucknow Super Giants Owner: RPSG Group
LSG is owned by the RPSG Group, a massive Indian business empire that’s been around for over 100 years. The man in charge is Dr. Sanjiv Goenka, who bought the franchise in 2021 for a whopping ₹7,090 crore: the highest anyone’s ever paid for an IPL team.
The RPSG Group isn’t new to the IPL. Goenka previously owned the Rising Pune Supergiants in 2016 and 2017. With LSG, he’s back in the game and more determined than ever to build a winning team.
Key Figures in Ownership
Dr. Sanjiv Goenka is the heart and soul of LSG’s ownership. He has been involved in sports for years and knows how to combine business with passion.
The RPSG Group’s sports division, RPSG Sports, also owns the Mohun Bagan Super Giant football team and the Durban’s Super Giants cricket team in SA20 League. Goenka’s vision is clear: build a sports empire that stands out.
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Lucknow Super Giants’ Ownership History
LSG’s ownership journey might be short, but it’s already made history:
In 2021, the IPL decided to expand with two new teams. Sanjiv Goenka entered the bidding war and came out on top with a record ₹7,090 crore bid for the Lucknow-based franchise. LSG debuted in IPL 2022 and has quickly become one of the most exciting teams in the league.
RPSG Group: Controversies and Challenges
LSG has mostly stayed away from controversies, but one moment caught everyone’s attention during IPL 2024. After a heavy loss to Sunrisers Hyderabad, cameras showed Sanjiv Goenka having a heated discussion with captain KL Rahul.
The clip went viral and fans had mixed reactions with some defending the owner’s passion while others questioned the pressure on the team. It wasn’t a major scandal, but it showed how much LSG owner Goenka cared about the team’s performance.
Business Ventures and Affiliations
The RPSG Group is much more than just cricket. They’re a powerhouse in industries like energy, retail, IT, FMCG, and media, making them a major player in Indian business for decades.
Their sports division, RPSG Sports, manages ventures like the Lucknow Super Giants, Mohun Bagan Super Giant, and Durban’s Super Giants.
They also own Saregama India Ltd, India’s oldest music label now thriving in digital music, films, and TV. Their media wing, Open Media Network, publishes the magazine Open, while Fortune India brings out the Indian edition of the iconic magazine.
On top of this, they run Editorji which is a digital platform that delivers news in video, audio, and text formats.
Furthermore, LSG also has a strong association with several sponsors. My11Circle is their title sponsor whereas brands like Jio, BKT, Greenply, and Cadbury Dairy Milk are also associated with them.
Frequently Asked Questions (FAQs)
Q.1. Who owns Lucknow Super Giants?
Answer: LSG is owned by the RPSG Group, led by Dr. Sanjiv Goenka.
Q.2. Who are the key figures in the team’s ownership?
Answer: Dr. Sanjiv Goenka is the driving force behind LSG’s ownership and success.
Q.3. What controversies has the ownership faced, if any?
Answer: LSG faced a small controversy during IPL 2024 when Goenka was seen arguing with the then captain KL Rahul after a tough loss against SRH.
Q.4. What other ventures are associated with the team’s owners?
Answer: The RPSG Group owns Mohun Bagan Super Giant, Durban’s Super Giants, Saregama India Ltd, and media ventures like Open Media Network and Editorji among others.
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