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The Economic Times

Sports / The Economic Times

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Mittal family set to own 75% of Rajasthan Royals in $1.65 billion deal

The Mittal Family and Adar Poonawalla are set to acquire a controlling stake in the Rajasthan Royals IPL franchise. The deal values the team at approximately $1.65 billion. This significant acquisition includes ownership of associated teams in South Africa and the Caribbean. The transaction is anticipated to finalize in the third quarter of 2026.

3 May 2026 2:36 pm