Rajasthan Royals To Stake 250 million US Dollars Stake In A United States Company

Redbird Capital Partners has acquired a 15 per cent stake in the Indian Premier League franchise Rajasthan Royals.
Redbird Capital Partners has also invested in the company that owns the legendary football club and Liverpool’s baseball team Boston Red Sox.
The amount of the transaction signed with Royals has been disclosed and it is 250 million US Dollars.

Emerging Media, owned by Manoj Badale, owns most of the shares of the Rajasthan Royals team. The team won the first IPL tournament in 2008.
According to the data released from the website of the Double R franchise, it says this agreement will hold a 15 per cent stake in the Red Bird Royals and Emerging Media.
And now they will also increase its share from 51 to 65 per cent. Bader said the contract reflects the world level of this cash-rich league tournament.

Related articles



Please enter your comment!
Please enter your name here

Latest articles

Top 5 Highest Run Chase In Odi

In cricket, One Day International matches are the most fun to watch. We have seen a lot of teams scoring a huge...

Ind Vs Pak Dream11 Prediction, Fantasy Cricket Tips, Dream11 Team, Playing Xi, Pitch Report

The 16th match of ICC World Cup 2021 is all set to be played on Sunday, 24th October at Dubai International Cricket...

Players Who Scored The Highest Score In T20 In 2021

The year 2021 is almost near to end as it’s already October. As compared to 2020, this year was better in all...

5 Best Bowlers Who Will Be Difficult To Hit For Runs In T20 World Cup 2021

The Best Bowler In The World T20 international World Cup has been begun and so far, 6 matches have been played. The...

Ind Vs Eng Warm-Up Matches Schedule And Dream 11 Prediction

After the Indian Premier League has ended, The Indian team has started preparing for the T20 World Cup. The World Cup is...