![]() Chidambaram Stadium in the 2008 Indian Premier League.ĭuring the first player auctions for the inaugural IPL season conducted in January 2008, the Chennai franchise bought a number of contemporary star cricketers such as Mahendra Singh Dhoni, Matthew Hayden, Stephen Fleming, Muttiah Muralitharan and Michael Hussey. 2008–2009: First seasonsĬhennai Super Kings playing the Kolkata Knight Riders at the M. The franchisee was transferred to a separate entity named Chennai Super Kings Cricket Ltd., after the Supreme Court of India struck down the controversial amendment to the BCCI constitution's clause 6.2.4 that allowed board officials to have a commercial interest in the IPL and the Champions League Twenty20 on 22 January 2015. Srinivasan was the de facto owner of the Chennai Super Kings, by means of his position as the vice-chairman and managing director of India Cements Ltd. India Cements acquired the rights to the franchise for 10 years. The Chennai franchise was sold to the India Cements for $91 million, making it the fourth most expensive team in the league behind Mumbai, Bangalore and Hyderabad. In January 2008, the BCCI unveiled the owners of eight city-based franchises. In September 2007, the Board of Control for Cricket in India (BCCI) announced the establishment of the Indian Premier League, a Twenty20 competition to be started in 2008. ![]() ![]() They are amongst the most valuable IPL franchises with a valuation of roughly $1.15 billion as of 2022. In addition, they have also won the Champions League Twenty20 in 20. The team was suspended for two years from the IPL starting July 2015 due to the involvement of its owners in the 2013 IPL betting case, and won the title in its comeback season of 2018. In January 2022, CSK became India's first unicorn sports enterprise. The team has been captained by MS Dhoni since inception and is currently coached by Stephen Fleming. They have won a record five IPL titles (shared with Mumbai Indians), appeared in a record 10 finals and have qualified for the playoff stages 12 times out of the 14 seasons they have played, more than any other team. The team is owned by India Cements through its Chennai Super Kings Cricket Limited holding company. Founded in 2008, the team plays its home matches at the M. Chennai Super Kings ( CSK) is a professional cricket franchise based in Chennai, Tamil Nadu, India, that competes in the Indian Premier League.
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