Days earlier than the beginning of the Indian Premier League 2026 (IPL 2026), a large replace has arrived. The league’s inaugural champions, Rajasthan Royals, have a brand new proprietor.
A consortium led by US-based entrepreneur Kal Somani has acquired possession of the Rajasthan Royals franchise, in accordance with a report within the Occasions of India. Somani is a widely known determine in worldwide enterprise circles, backed by American businessman Rob Walton of the Walmart household and the Hamp household, which additionally owns a majority stake within the NFL’s Detroit Lions.
How a lot cash did the brand new house owners spend to purchase Rajasthan Royals?
The report additionally mentioned that the prevailing house owners of Rajasthan Royals wish to promote the franchise. If studies are to be believed, US-based entrepreneur Kal Somani has received a bid to accumulate the franchise rights for round $1.63 billion (about £1.2 billion).
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