‘Deeply disappointed’: Khar Somani-led consortium reacts to Rajasthan Royals sale
Comments Off on ‘Deeply disappointed’: Khar Somani-led consortium reacts to Rajasthan Royals sale
May 5, 2026
File photo of IPL franchise Rajasthan Royals. majority stake rajasthan royals Acquired by industrialist Lakshmi N. Mittal and his son Aditya Mittal Adar Poonawalla The deal is worth $1.65 billion. The deal represents the enterprise value of the Royals…
Who is Carl Somani? US entrepreneur leads US$1.63 billion RR acquisition
Comments Off on Who is Carl Somani? US entrepreneur leads US$1.63 billion RR acquisition
March 24, 2026
New Delhi: As the 2026 IPL season is about to kick off, the biggest news on the field is the $1.63 billion (£1.2 billion) acquisition of Rajasthan Royals by a consortium headed by American entrepreneur Kal Somani. While Somani has been a minority…