Chennai Super Kings Firmly Denies Sale Rumors
In the wake of speculation surrounding potential sales of several IPL franchises, Chennai Super Kings (CSK) has been quick to refute any claims about their team going up for sale. As Royal Challengers Bengaluru (RCB) and Rajasthan Royals (RR) both consider full exits, rumors circulated that CSK might be next. However, management has made it clear that these speculations do not hold water.
Official Statement Highlights Ownership Stability
A senior official from CSK firmly stated, "The current owners have absolutely no intention of selling the team. I can guarantee that they will not let go of the franchise in the future either." This statement underscores the emotional and familial ties of the Srinivasan family to the team, which they consider an identity beyond mere business.
No Change in Ownership Structure
CSK has operated independently since 2015, long before UltraTech Cement's acquisition of a majority stake in India Cements. They remain under the management of Chennai Super Kings Cricket Limited, separate from the parent company's ownership changes.
Recent Performance and Profitability
The Chennai franchise has also shown significant financial resilience, posting a standalone profit of approximately ?181 crore for the financial year 2024-25, despite missing out on playoff qualification.
| Year | Profit (in Crores) | Playoff Qualification |
| 2024-25 | 181 | No |
CSK's Expanding Horizons
Moreover, CSK is expanding its footprint beyond the IPL, venturing into international leagues with franchises in SA20 (JSK) and MLC (Texas Super Kings). This strategic move highlights the franchise's dedication to growth and increasing its brand value.
Franchise Leadership Remains Steady
At the recent AGM in September 2025, N. Srinivasan reaffirmed his position as chairman of CSK, with K.S. Viswanathan holding the role of Managing Director and CEO, and Rupa Gurunath as Wholetime Director. This continuity in leadership further stabilizes CSK's operations and strategies.
In conclusion, while the IPL landscape is shifting, CSK stands firm in its ownership and operations. The management reassures fans and stakeholders that there will be no changes in franchise control in the near future.