health
Fresh speculation about Rajasthan Royals being up for sale intensified after industrialist Harsh Goenka claimed on X that not one but two IPL franchises - RCB and RR - are currently on the market. His post quickly sparked conversations across cricket and business circles, though the Royals’ management has not issued any official confirmation.
The Rajasthan Royals franchise is majority-owned by Royals Sports Group (Emerging Media Sporting Holdings Ltd.), which holds a 65% stake, while minority stakes belong to Lachlan Murdoch and RedBird Capital Partners. With IPL valuations reaching record highs, reports suggest owners may be evaluating their options, but no formal statement has been released by the team.
Meanwhile, RCB’s parent company United Spirits Limited has publicly announced a strategic review of its sports business and is seeking around USD 2 billion for the franchise. Compared to the confirmed RCB process, the talk around RR remains unverified at this stage, with no regulatory filing or official communication indicating a sale.
Comments (0)
No comments yet
Be the first to comment!