A huge controversy has emerged regarding the sale of IPL franchise Rajasthan Royals.
According to details, there has been a big development regarding the owner of Rajasthan Royals.
The consortium consisting of Lakshmi Mittal, Aditya Mittal and Adar Poonawalla has reached a final agreement to acquire the team and its French sisters, but now a new problem has arisen.
An American group led by Kal Somani is preparing to challenge this agreement in court.
According to reports, the group has started consulting on legal and media strategy and official legal statements may be released soon.
#RajasthanRoyals Sales Controversy: Kal Somani-led group ‘Frustrated’, claims lack of level playing fieldhttps://t.co/jbYVrrj8dN
— News18 (@CNNnews18) May 5, 2026
This group used to include prominent investors and now the BCCI may need to intervene in this dispute.
It is worth mentioning that according to this contract, the total value of the team is 1.65 billion dollars (about 15,660 billion Indian rupees).
According to the agreement, the Mittal family will own 75 percent and Adar Poonawalla will own 18 percent. The remaining 7 percent will remain with existing shareholders, including founder Manoj Badale.
