ICC Men's T20 World Cup East Asia Pacific Qualifier·T20I
Result
INA won by 11 runs
ICC Men's T20 World Cup East Asia Pacific Qualifier·T20I
Result
VAN won by 121 runs
Hong Kong, China Women T20I Tri-Series·Women T20
Result
CHN-W won by superover
Pakistan tour of Bangladesh·Test
Live
Stumps : Day 1 - Pakistan elected to bowl
Afghanistan National T20 Cup·T20
Result
MAR won by 13 runs
ICC Men's T20 World Cup East Asia Pacific Qualifier·T20I
Result
COI won by 9 wickets
Hong Kong, China Women T20I Tri-Series·Women T20
Result
HKG-W won by 9 runs
Gibraltar tour of Malta·T20I
Result
MAL won by 7 wickets
Finland tour of Cyprus·T20I
Result
CYP won by 26 runs
Afghanistan National T20 Cup·T20
Result
BR won by 4 wickets
County Championship Division One·First Class
Live
Stumps : Day 1 - Essex trail by 184 runs.
County Championship Division One·First Class
Live
Stumps : Day 1 - Yorkshire trail by 43 runs.
County Championship Division One·First Class
Live
Stumps : Day 1 - Surrey elected to bowl
County Championship Division One·First Class
Live
Stumps : Day 1 - Glamorgan elected to bowl
County Championship Division One·First Class
Live
Stumps : Day 1 - Sussex trail by 325 runs.
County Championship Division Two·First Class
Live
Stumps : Day 1 - Derbyshire elected to bat
County Championship Division Two·First Class
Live
Stumps : Day 1 - Kent trail by 324 runs.
County Championship Division Two·First Class
Live
Stumps : Day 1 - Durham elected to bowl
County Championship Division Two·First Class
Live
Stumps : Day 1 - Middlesex trail by 163 runs.
Gibraltar tour of Malta·T20I
Result
MAL won by 50 runs
All

Rajasthan Royals Sold for $1.63 Billion, Become First Fully Foreign-Owned IPL Team

Rajasthan Royals Sold for $1.63 Billion, Become First Fully Foreign-Owned IPL Team

[ Poll: Ry0lbay2 ]

The Rajasthan Royals have become the first fully foreign-owned team in the Indian Premier League. The sale process for the team had been going on for the last six months. 

According to the Times of India, a consortium led by US-based entrepreneur Kal Somani, who is a minority stakeholder, has bought the franchise for $1.63 billion (approximately INR 15,301 crore). Somani had partnered up with Rob Walton, heir to the fortune of Walmart, and the Hamp family, who are majority stakeholders of the Detroit Lions in the National Football League (NFL). Walton co-owns the Denver Broncos.

RR sold for $1.63B, goes fully foreign-owned

Sheila Ford Hamp, the wife of Steve Hamp, also owns a significant stake in Ford Motor Company. Somani has a strong presence in the tech industry. He is the founder of IntraEdge, Truyo, Truyo.AI, and Academian. Somani isn’t new to the sports world either. He is also the co-owner of the Motor City Golf Club and was an early investor in TMRW Sports and Tomorrow’s Golf League.

Earlier, the ownership of the Rajasthan Royals was divided among several stakeholders. Manoj Badale’s Emerging Media Sporting Holdings Limited had a 65% stake, RedBird Capital Partners owned 15%, and Lachlan Murdoch held 13%. The remainder was split among individual investors, one of whom was Somani himself.

Just yesterday, reports claimed that the Rajasthan Royals rejected a $1.7 billion (around INR 15,859 crore) offer from Columbia Pacific Capital Partners, led by Nisha Sachdeva and Debjeet Gupta. However, this cannot be confirmed, as the franchise has reportedly accepted a slightly lower bid from Somani’s group. The four other interested parties, who were in a race to fully acquire RR, were Aditya Birla Group, with David Blitzer’s Bolt Ventures; Capri Global; Times of India Group; and Sanjay Govil. In fact, it was believed that the Aditya Birla Group was the frontrunners. Perhaps their final bid didn’t match what Somani’s consortium offered.

 

FAQs

Q. Who bought Rajasthan Royals?
A.

A consortium led by US-based entrepreneur Kal Somani has acquired Rajasthan Royals.

Dwijesh
Dwijesh

A dedicated cricket content writer with a proven track record at The Cricket Winner, I deliver sharp, reliable coverage of match-day news, previews, and in-depth analysis. My expertise extends to Dream11/fantasy‑cricket content, offering data-driven player stats, insightful tips, and strategy-focused predictions that resonate with fans and fantasy players alike. Combining a keen eye for detail with editorial rigor, I’m committed to producing engaging, high‑accuracy content that builds trust and readership.

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