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LSG Owner Sanjiv Goenka Attributes RR, RCB Blockbuster Sales and IPL Success to Jay Shah
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LSG Owner Credits Jay Shah for RR, RCB's Billion-Dollar Sales and IPL's Success
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Firstpost
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25-03-2026, 19:15
LSG Owner Credits Jay Shah for RR, RCB's Billion-Dollar Sales and IPL's Success
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Lucknow Super Giants owner Sanjiv Goenka credited ICC chairman Jay Shah for the IPL's massive growth.
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Rajasthan Royals sold for USD 1.63 billion, breaking the record for an IPL franchise sale.
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Royal Challengers Bengaluru surpassed RR's record, selling for USD 1.78 billion on the same day.
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Goenka highlighted the significant increase in franchise values compared to their initial acquisition costs.
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He attributed the IPL's success to its architecture, broadcast/digital rights structure, and governance under Jay Shah's vision.
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