A consortium led by Lakshmi Mittal, Aditya Mittal, and Adar Poonawala has acquired the IPL franchise Rajasthan Royals and its sister entities for approximately $1.65 billion. The deal, expected to conclude in Q3 2026, will see the Mittal family hold a majority stake. This acquisition follows a previous attempt by a Kal Somani-led consortium that faced funding and regulatory hurdles.<\/p>","protected":false},"excerpt":{"rendered":"
A consortium led by Lakshmi Mittal, Aditya Mittal, and Adar Poonawala has acquired the IPL franchise Rajasthan Royals and its sister entities for approximately $1.65 billion. The deal, expected to conclude in Q3 2026, will see the Mittal family hold a majority stake. This acquisition follows a previous attempt by a Kal Somani-led consortium that… Read More »IPL: Mittal Family, Adar Poonawala acquire RR for approx $1.65 billion<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":107425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/107424"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=107424"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/107424\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/107425"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=107424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=107424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=107424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}