who owns rajasthan royals

The Rajasthan Royals are currently owned by a consortium led by US-based tech entrepreneur Kal Somani , which has agreed to acquire 100% of the franchise for about USD 1.63 billion (around ₹15,300 crore).

Quick Scoop: Who Owns Rajasthan Royals?

• As of early 2026, a Somani-led consortium has struck a deal to buy 100% equity in the Rajasthan Royals.

• The reported deal value is about USD 1.63 billion (≈ ₹15,300 crore) , making it one of the biggest franchise sales in IPL history.

• The sale is reported to take effect after the IPL 2026 season , meaning current structures may still be in place during the upcoming tournament.

Before the New Deal

• Up to 2024–early 2026, the franchise was majority controlled by Royals Sports Group / Emerging Media , led by Manoj Badale, with about a 65% stake.

• Minority stakes were held by Lachlan Murdoch and RedBird Capital Partners , among others.

• The official IPL listing for 2026 still names Royal Multisport Private Limited as the “Owner” entity for Rajasthan Royals.

Key Entities Involved

• Current buyer group : Kal Somani–led consortium, reportedly backed by Rob Walton (of the Walmart family) and the Hamp family.

• Previous controlling group : Manoj Badale’s Emerging Media / Royals Sports Group , operating via Royal Multisport Private Limited.

In simple terms:
Right now, ownership is in transition — historically with Manoj Badale’s Emerging Media, moving towards full control by the Kal Somani–led consortium once the 2026-season-effective sale is formally completed.

Note: Information gathered from public forums or data available on the internet and portrayed here.