app-icon

SD Live

Fastest Live Scores

Download App
sportsdunia logo
Search Icon

Advertisement

Advertisement

Who Could Buy Rajasthan Royals? List of Potential Owners Amid IPL Franchise Sale Reports

3 min
RR Owner

With the 19th edition of the Indian Premier League (IPL) around the corner, Rajasthan Royals should ideally be focused on getting their combinations right after the departure of their former captain, Sanju Samson, to CSK. The new leader at the RR camp is now Riyan Parag, who will have a big responsibility to take the franchise to new heights. But that hasn't quite been the case. The talks regarding the franchise are something else, as there are reports of the Rajasthan Royals sale gaining traction on the internet. If the rumours are believed to be true, then the fans must be wondering who will be the new owners of the Rajasthan Royals.

Who Could Become Rajasthan Royals New Owners?

One of the biggest name in list is the Mittal family, led by Aditya Mittal. The family is backed by steel giant ArcelorMittal and is seriously trying to get a bid for the franchise. There are even multiple reports as well confirming their involvement in the process. Seeing these big names eyeing an IPL franchise shows how rich the league is. IPL is undoubtedly the richest cricket league in the world, and the BCCI always generates a good amount of revenue every year through the league.

Meanwhile, the Mittal family isn't the lone contender, as there is another major contender, which is an association involving the global investor David Blitzer and the Aditya Birla Group. Talking about Blitzer, he already has stakes in multiple sports teams across leagues around the world. So, the financial strength of the Biral Group and Blitzer's sports background suggest that this bid looks like a well-rounded attempt to take over Rajasthan Royals owner IPL 2026 responsibilities if the deal goes through.

Advertisement

Xellion Banner

Multiple Bidders Keep Race Wide Open

We all know how big the Indian Premier League is, and so are its franchises. So, it's pretty common that the Rajasthan Royals will attract a lot of bidders. According to NDTV reports, the inaugural champions have reportedly rejected a ₹16,000 crore (approximately $1.7 billion) acquisition bid from Columbia Pacific Capital Partners (CPCP). Despite the offer including full payment within two weeks, the franchise is said to be holding out for a higher valuation and a better strategic fit with any potential investor.

This development shows the strong market interest in IPL franchises and also indicates that team owners are carefully analysing all the long-term value rather than short-term gains. The move is also expected to push valuations of the league’s other franchises, with Royal Challengers Bengaluru potentially expecting a surge of 15% or more due to its strong brand value and fan base.

There are several reports that suggest that at least four serious bidders are also in the race, and the franchise valuation could even go beyond the 1 billion dollar mark. If we talk about the current ownership, Emerging Media Ventures' Manoj Badale has the 65% of the ownership, while RedBird Capital Partners owns 15%, followed by Lachlan Murdoch, who has 13% of the ownership. Tiger Global & Others also have the 7% of its ownership.

Advertisement

Remitly

Frequently Asked Questions

When is IPL 2026 starting?

+

The IPL 2026 starts on March 28.

Conversation

(0 Comments)

Loading comments...
Edited by- Aaryan Raj
Follow Us:
sportsdunia google newssportsdunia google news

Editor's Pick