Rajasthan Royals $1.65B deal turns ugly as Kal Somani group claims they were ‘cheated out’

Rajasthan Royals have been sold to a consortium led by steel magnate Lakshmi Niwas Mittal and Aditya Mittal of ArcelorMittal, along with Adar Poonawalla and existing investors. The Mittal family holds a 65% stake in the new deal.