Business·2.5.2026KI-Zusammenfassung Proposed $1.63B Rajasthan Royals Buyout Delayed Due to Funding, Regulatory Issues
The proposed $1.63 billion buyout of IPL franchise Rajasthan Royals by Kal Somani's investor consortium faces delays due to funding constraints, regulatory uncertainties, and consortium complexities. The group includes Rob Walton (Walmart heir, Denver Broncos owner) and Sheila Ford Hamp (Detroit Lions owner). BCCI has raised concerns about fees on past secondary ownership transactions involving Mauritius-based EM Sporting Holdings. Alternative investors including Lakshmi Mittal's family have been approached. A legal dispute by former investor Raj Kundra seeking reinstatement of his 11.7% stake adds further uncertainty.