Indian Premier League (IPL)’s inaugural champions Rajasthan Royals have been reportedly bought by US-based entrepreneur Kal Somani-led consortium has for $1.63 billion.
Media reports say that Somani is being backed by American businessman Rob Walton, of the Walmart group. A formal announcement is expected later in the day.
The post Rajasthan Royals sold for US$ 1.63 billion appeared first on Newswire.