Rajasthan Royals New Owners update as Lakshmi Mittal and Adar Poonawalla acquire majority stake. Know deal value, ownership split, and future impact.
Rajasthan Royals New Owners – Full Ownership Breakdown Revealed
The Rajasthan Royals New Owners story has officially taken a massive turn, with Lakshmi Mittal and Adar Poonawalla acquiring a dominant stake in the franchise.
As per the latest agreement:
- Mittal family will hold 75% stake
- Poonawalla will own 18% stake
- Remaining 7% stays with existing stakeholders, including Manoj Badale
This effectively means 93% ownership now shifts to the new investors, marking one of the biggest franchise ownership changes in IPL history.
– Points to Watch Out
- ₹15,000 crore deal valuation
- 93% ownership shift to new investors
- Multi-league control (IPL, SA20, CPL teams)
- Regulatory approvals still pending
- Strategic continuity with existing management
Mega Deal Value – A Game Changer
The Rajasthan Royals New Owners deal is valued at approximately $1.65 billion (₹15,000 crore). This valuation reflects the growing commercial power of the IPL ecosystem.
Such a massive investment signals:
- Strong belief in IPL’s global growth
- Increasing franchise valuations
- Expansion into multi-league cricket business
With this deal, Rajasthan Royals joins the elite list of high-value sports franchises globally.
Multi-Team Ownership Advantage
The Rajasthan Royals New Owners acquisition is not limited to IPL alone. The deal also includes:
- Paarl Royals (South Africa T20 League)
- Barbados Royals
This gives the new owners a global cricket footprint, allowing them to build a strong multi-league brand.
Such a structure helps in:
- Talent scouting across leagues
- Consistent brand identity
- Revenue diversification
Board Restructuring – Powerful Names Added
Following the Rajasthan Royals New Owners development, the franchise board will see major changes.
Key members expected on board:
- Lakshmi Mittal
- Aditya Mittal
- Vanisha Mittal Bhatia
- Adar Poonawalla
Meanwhile, Manoj Badale will continue to play a key role, ensuring smooth transition and stability.
Why Previous Deal Failed
Before the Rajasthan Royals New Owners announcement, a consortium led by Kal Somani was in talks to acquire the franchise.
However, the deal collapsed due to:
- Funding challenges
- Delays in financial closure
- Lack of strategic backing
This opened the door for Mittal and Poonawalla to step in with a stronger and more reliable financial plan.
Regulatory Approvals Still Pending
Despite the excitement around Rajasthan Royals New Owners, the deal is not fully complete yet.
It requires approvals from:
- Board of Control for Cricket in India
- Competition Commission of India
- IPL Governing Council
Reports suggest the deal could be finalized by Q3 of FY2026, subject to all regulatory clearances.
Mittal Family’s Emotional Connect
The Rajasthan Royals New Owners story also carries an emotional angle. The Mittal family has roots in Rajasthan.
- Origin: Sadulpur, Churu district
- Birthplace of Lakshmi Mittal
This connection could influence long-term investments in the franchise, including grassroots cricket development in the region.
IPL Ownership Trends – Big Money Era
The Rajasthan Royals New Owners deal reflects a broader trend in IPL:
- Corporate giants entering cricket
- Multi-billion dollar valuations
- Strategic global expansion
Earlier this year, Royal Challengers Bengaluru also saw a major ownership change, acquired by a consortium including Aditya Birla Group and Blackstone.
This signals:
What This Means for Rajasthan Royals
The Rajasthan Royals New Owners change could transform the franchise in several ways:
Financial Strength
Massive capital injection can improve:
- Player acquisitions
- Infrastructure
- Support staff quality
Global Strategy
Owning teams across leagues enables:
- Better player pipeline
- Brand expansion worldwide
Performance Expectations
With strong ownership comes higher expectations:
- Consistent playoff appearances
- Stronger squad depth
- Better tactical planning
Future Outlook – A New Era Begins
The Rajasthan Royals New Owners deal marks the beginning of a new chapter. With financial muscle and global vision, the franchise is set for long-term growth.
However, success will depend on:
- Smart cricketing decisions
- Effective leadership
- Balanced team management
If executed well, Rajasthan Royals could emerge as one of the most dominant teams in the coming years.
👉 Comment your opinion on this post – Do you think this ownership change will make Rajasthan Royals stronger?

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