Rajasthan Royals up for Sale? 4 Groups Line up to Buy IPL Franchise After RR Valued over Billion
Four bidding groups shortlisted to acquire Rajasthan Royals with an indicative $1.3 billion offer reflecting optimism about IPL media rights and franchise value.
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Rajasthan Royals up for sale? 4 groups line up to buy IPL franchise after RR valued over billion
The Rajasthan Royals have moved a step closer to a potential ownership change, with the franchise’s current owners shortlisting four bidding groups to advance in the next phase of the sale process. As per reports, among those invited are a consortium led by Times Internet Chairman Satyan Gajwani and another group supported by US-based entrepreneur Kal Somani, according to people familiar with the discussions. One of the early proposals has value…
Rajasthan Royals receive INR 11,956 crore bid for sale of franchise before IPL 2026 - Inside Sport India
The Rajasthan Royals (RR) are on course to become the most expensive team ever sold in the Indian Premier League (IPL). Royals Sports Group (Emerging Media Sporting Holdings Limited), owned by Manoj Badale, holds about 65% of the stake in the franchise. Lachlan Murdoch (13%) and RedBird Capital (15%) as minority holders. RR sale to set IPL record According to Bloomberg, four bidders have entered the next round of the sale of RR. Kal Somani, who …
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