Rajasthan Royals sold for $1.65 billion to Mittal family, Adar Poonawalla after Kal Somani's deal collapse

Rajasthan Royals have been acquired by a consortium for $1.65 billion. The UK-based Mittal family will hold 75% stakes, Adar Poonawalla will own 18%, and Manoj Badale will lead a group of investors with 7% stakes.