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Reports: Lalit Modi Pursues Rajasthan Royals Acquisition Before IPL 2026
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Lalit Modi Joins Race to Acquire Rajasthan Royals Ahead of IPL 2026
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News18
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15-03-2026, 18:49
Lalit Modi Joins Race to Acquire Rajasthan Royals Ahead of IPL 2026
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Rajasthan Royals (RR) sale overseen by The Raine Group, with a floor valuation around $1.1 billion.
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Four groups shortlisted, including a consortium with former IPL commissioner Lalit Modi and Kal Somani.
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Other bidders: Aditya Birla Group-David Blitzer, Satyan Gajwani, and Adar Poonawalla.
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Key stakeholders to meet on March 16 to discuss the next phase of the sale.
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IPL's financial strength highlighted by $6.2 billion media rights for the 2023-2027 cycle.
Read Full Article on News18 in English
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