What is it! Rajasthan Royals sold for the second time between IPL 2026, the new owner of RR is counted among the rich of India.

Rajasthan Royals team has been sold for the second time between IPL 2026. That means Rajasthan Royals has once again got a new owner. Indian origin businessman Lakshmi Mittal has announced the purchase of stake in Rajasthan Royals team. Apart from Mittal, Serum Institute of India owner Aadar Poonawala has also bought stake in this franchise. However, the current owner of Rajasthan Royals, Manoj Badle, will still have some stake.

Rajasthan Royals team sold for 15.660 crores

Lakshmi Mittal and Aadar Poonawala together have bought the ownership rights of Rajasthan Royals for Rs 15.660 crore. The remaining franchise teams of Rajasthan Royals, Paarl Royals and Barbados Royals are also included in this deal. This news is quite surprising because about several months ago America’s Kal Somani, Rob Walton and Hamp family had talked about buying the stake of Rajasthan Royals, but now Mittal family will be the new owners of Rajasthan Royals.

Mittal family will be the main owner of Rajasthan Royals

According to the contract, the Mittal family will be the main owners of the Rajasthan Royals franchise, as they will own 75 percent of the franchise. Whereas Aadar Poonawala will have 18 percent stake in this franchise. The remaining 7 percent stake will remain with the old owners.