Overview:
Rajasthan Royals have been sold to a new consortium for over INR 15,000 crore. The new owners will take the charge after IPL 2026.
Rajasthan Royals have been sold to a consortium led by US-based entrepreneur Kal Somani. The new group acquired a 100 percent stake at $1.63 billion (Rs 15,286 crore). Somani is associated with IntraEdge, Academian, and Truyo.AI. Along with him, American businessman Rob Walton of the Walmart family, and the Hamp family, who have a majority stake in the National Football League (NFL) side Detroit Lions, have invested in the 2008 champions. Sheila Ford Hamp is also connected to the Ford family, who are the co-owners of the renowned and world-famous Ford Motor Company.
With the deal finalised, Rajasthan Royals have become the most expensive franchise in the history of the Indian Premier League. According to reports, the new owners will take charge after IPL 2026.
Meanwhile, RR have signed Sri Lanka’s T20I captain Dasun Shanaka as the replacement for Sam Curran ahead of the 19th season after the England all-rounder was ruled out due to an injury. Curran was a part of Chennai Super Kings (CSK) but was traded to Rajasthan along with Ravindra Jadeja, after Sanju Samson joined the five-time champions.
“We are disappointed to lose Sam Curran, who has been a consistent performer with the bat and ball. However, we are pleased to sign Dasun Shanaka, who can finish the games and take wickets,” said Kumar Sangakkara, director of cricket and head coach at the franchise.
“Rajasthan Royals (RR) have picked a player replacement for injured Sam Curran for the upcoming Indian Premier League (IPL) 2026. Dasun Shanaka will join RR for INR 2 Crore as a replacement for Curran. Dasun Shanaka has represented Sri Lanka in 6 Tests, 71 ODIs and 131 T20Is and has over 3350 international runs and 86 wickets in international cricket against his name. The Sri Lankan all-rounder has previously played for Gujarat Titans (GT) in the IPL,” read IPL’s statement.