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The Times of India

Sports / The Times of India

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Kal Somani-led consortium buys Rajasthan Royals for $1.63 billion

US entrepreneur Kal Somani, backed by the Walton and Hamp families, has secured ownership of the Rajasthan Royals franchise for $1.63 billion. This significant acquisition marks a new chapter for the IPL team.

24 Mar 2026 3:13 pm