Rajasthan Royals has been acquired by Kal Somani for a whopping price of US$1.6 billion, making it one of the most valued franchises in the Indian Premier League. The deal has been closed with only a few days left before the commencement of the 2026 edition of the marquee T20 tournament. Notably, Somani was a minority shareholder in the franchise earlier but has now gained full ownership.
This implies that Manoj Badale, the previous majority co-owner of the Jaipur-based team, will be diluting his stake, with the Somani-led consortium, which also includes multinational corporation Walmart, holding a full 100 per cent ownership of Rajasthan Royals. Badale, who owned the side through Emerging Media, is no more a part of the ownership table with the Royals.
More follows!
Kayley Knight receives maiden call-up for South Africa ODI series
Aditya Birla Group-led consortium wins race as new owners of RCB franchise
Mumbai Indians Tickets 2026 Online Booking, Date, Price List, Stadium Ticket Availability
Royal Challengers Bengaluru Tickets 2026 Online Booking, Date, Price List, Stadium Ticket Availability
