New Delhi: Indian Premier League franchise Rajasthan Royals’ owners are all set to sell half of their stakes in order to give the side a much needed financial boost ahead of the 12th edition of popular league.
It has been learnt that the current franchise owners have approached key BCCI officials and intimated their decision to sell around fifty percent of their stakes. Manoj Badale is the principal owner of Royals.
“Yes, Royals are selling a major part of their stakes and the highest bidder will be getting it. What we have heard is that it is around fifty per cent and some of the biggest business houses in the country are apparently interested in buying stakes,” a senior BCCI official privy to the development told this agency on conditions of anonymity.
While there are no confirmations as of now but Sanjeev Goenka, former IPL franchise Rising Pune Supergiants’ owner, is keen on buying