Rajasthan Royals’ $1.63 billion buyout delayed on funding, legal hurdles
The proposed $1.63 billion buyout of IPL franchise Rajasthan Royals has been delayed due to funding challenges, regulatory concerns and complexities within the investor consortium led by Kal Somani. The group, which includes global investors, is still working to secure capital and resolve due diligence issues, while questions raised by Board of Control for Cricket in India over past transactions…
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