The Rajasthan Royals (RR) are on course to become the most expensive team ever sold in the Indian Premier League (IPL). Royals Sports Group (Emerging Media Sporting Holdings Limited), owned by Manoj Badale, holds about 65% of the stake in the franchise, with Lachlan Murdoch (13%) and RedBird Capital (15%) as minority holders.
RR sale to set the most expensive record
According to Bloomberg, four bidders have entered the next round of the sale of RR. Kal Somani, who is already an investor, has formed a consortium and made an offer of $1.3 billion (INR 11,956 crores approximately). The bid offer is contingent on the value of future IPL media rights sales.
Times Internet Chairman Satyan Gajwani, Blackstone Inc. and Carlyle Group Inc. are the other bidders interested in buying RR. The latter two have shown interest in acquiring the Royal Challengers Bengaluru (RCB), which Diageo has decided to sell before the IPL 2026 season.
Currently, the Gujarat Titans (GT) are the most expensive team ever sold in the IPL. In 2025, the Torrent Group acquired a 67% stake in the franchise for around INR 5025 crore. This values the IPL 2022 champions at INR 7500 crores. In 2022, CVC Capital Partners secured GT for INR 5625 crore. In the same year, Lucknow Super Giants (LSG) was bought by the RPSG group for INR 7,090 crore.
Raine Group, which oversaw the process of the sale of Chelsea F.C. in 2022 and Manchester United F.C. in 2024, will oversee the sale of RR.
Rajasthan Royals receive INR 11,956 crore bid for sale of franchise before IPL 2026 Inside Sport India.
Hence then, the article about rajasthan royals receive inr 11 956 crore bid for sale of franchise before ipl 2026 was published today ( ) and is available on Inside sport ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Rajasthan Royals receive INR 11,956 crore bid for sale of franchise before IPL 2026 )
Also on site :
- Why the stakes have never been higher for Arne Slot’s Liverpool
- Blackhawks 3, Wild 4 (SO) — Three Stars, Key Takeaways
- Steve Smith, Jonny Bairstow & Umesh Yadav among 1300 players available for IPL 2026 teams