Rajasthan Royals sold for a whopping US$1.635 billion to consortium of US-based investors March 25, 2026 at 4:24 pm By Robin Kumar Sharma Share Facebook X Pinterest WhatsApp Last Updated on 2 months ago by Charbel Coorey The Indian Premier League franchise, Rajasthan Royals (RR), has been sold to Kal Somani, who was already one of the stakeholders in the franchise. He will now have a 100% stake in the Royals franchise. The franchise has been valued at $1.635 billion (INR 16,290 crores). This doesn’t only include the Rajasthan Royals but also the Barbados Royals (CPL and WCPL) and the Paarl Royals in the SA20 league. A consortium, led by Somali, will take over the franchise post the IPL 2026 season from the current ownership of Manoj Badale of Emerging Media. The Royals were the franchise that got the lowest bid amongst the eight franchises back in 2008 for US $67 million at that time. IPL’s founder Lalit Modi’s brother-in-law, Suresh Chelaram, held 56% stakes of the franchise before he exited, and then Manoj Badale emerged as the new owner. Raj Kundra, husband of Bollywood actress Shilpa Shetty, owned 13% stake for INR 65 crores in 2009. Kundra was later banned for life by the Loda committee for being involved in betting activities. RedBird Capital Partners acquired a 15% stake in the franchise for INR 550-600 crores back in 2021. As a part of the deal/agreement, if RedBird were to leave, the other shareholders may also have to sell. With RedBird wanting to exit, the others had no choice but to sell the franchise. Shane Warne’s superb business mind Former Australian legend and arguably the best spinner ever, the late Shane Warne was the captain of the Royals in 2008, and he also led the side to a title in the inaugural season. 🚨 SHANE WARNE – THE MASTERMIND. 🚨 📢 Shane Warne took a salary of just 9.35cr from Rajasthan Royals for playing for 4 seasons, but here’s the real twist: ⚠️ He demanded a 0.75% equity in RR every year till the time he plays for coming out of retirement! ❗️Warne played for 4… — Mufaddal Vohra (@mufaddal_vohra) March 24, 2026 Warne asked for a 0.75% stake in the franchise till he plays for them. He went on to play in four editions, making him a 3% owner of the franchise. And now since the franchise has been sold for such big money, his 3% stake is worth somewhere around $4.6 billion dollars. Robin Kumar Sharma Robin Rounder, based in India, specialises in Dream11 fantasy content including tips & tricks and match previews. Also, Robin contributes cricket news and opinion pieces, with examples being pre-IPL auction content. He is a passionate India and Chennai Super Kings fan. Topics CricBlog Cricket Cricket Blog Cricket News Indian Premier League IPL IPL 19 IPL 2026 Rajasthan Royals RR T20 Cricket Table of contents [hide] Shane Warne’s superb business mind Other articles on CricBlog Cricket News Imam-ul-Haq could face a ban of 1-2 years: Report Cricket News Why a call up to international cricket may not be too far away for Fergus O’Neill Cricket News Pakistan Cricket Board issues show-cause notice to its own selection committee, demanding explanations CricBlog Misbah-ul-Haq offers resignation from Pakistan Selection Committee Cricket News Reactions: Fans, pundits shocked as Pakistan make 7 squad changes, send coaches home from England tour Other News and Articles Cricket News Imam-ul-Haq could face a ban of 1-2 years: Report Cricket News Why a call up to international cricket may not be too far away for Fergus O’Neill Cricket News Pakistan Cricket Board issues show-cause notice to its own selection committee, demanding explanations CricBlog Misbah-ul-Haq offers resignation from Pakistan Selection Committee
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