‘Deeply disappointed’: Khar Somani-led consortium reacts to Rajasthan Royals sale

'Deeply disappointed': Khar Somani-led consortium reacts to Rajasthan Royals sale

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 men’s team and associated teams Paarl Royals and Barbados Royals. The transaction still needs to meet … Read more

Who is Carl Somani? US entrepreneur leads US$1.63 billion RR acquisition

Who is Carl Somani? US entrepreneur leads US$1.63 billion RR acquisition

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 investor in the one-time IPL-winning franchise since 2021, the move marks a … Read more