The Economic Times

Honesty and integrity were not enough: US-based entrepreneur Kal Somani-led group lashes Rajasthan Royals sale process

A rival bidder has publicly questioned the Rajasthan Royals ownership sale process. The US-based entrepreneur Kal Somani and his partners expressed deep disappointment after being excluded. They claim their consortium was the lead bid for six months. The sale saw a Mittal family-led group acquire a controlling stake for around $1.65 billion.