According to a Times of India report, A consortium led by US-based entrepreneur Kal Somani has won the bid to own the Rajasthan Royals franchise. Somani is a well-known face in the international business sector as he is backed by American business Rob Walton, of the Walmart family, and the Hamp family, which also has majority stakes in the NFL's Detroit Lions.
How much money did the new owner spend to purchase the Rajasthan Royals?
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