RR Owners 2023: Check here all information about the latest owners of Rajasthan Royals in IPL 2023 – name, age, net worth and background.
RR owners Rajasthan Royals in IPL 2023
Rajasthan Royals Owner 2023: Indian Premier League (IPL) is a famous cricket tournament that attracts millions of viewers from all over the world. IPL is organized every year in the summer by the Indian cricket control board, BCCI, and has become one of the most valuable sports tournaments globally. IPL follows the T20 format of play, delivering short but exciting games with a heavy focus on entertainment.
Ten teams compete in the IPL, each representing different Indian states or cities. Fans tend to cheer for their home team or favorite team and this is another reason behind the immense popularity of IPL. One of the most known IPL franchises is the Rajasthan Royals. It won its first IPL in 2008 and has a huge fan base in North India, especially in Rajasthan. However, the team and its owners also have a controversial history. Join to learn more about Rajasthan Royals and its owners.
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Rajasthan Royals (RR) 2023 Owners History
- Rajasthan Royals is a famous franchise of the Indian Premier League and is headquartered in Jaipur, Rajasthan, India.
- RR debuted in IPL 2008 and won the first season.
- The franchise was the cheapest of the original eight teams and was acquired by Emerging Media for $67 million.
- RR used to be one of the most popular and loved teams in the IPL until a major scandal made them look down upon in public opinion.
- Businessman Raj Kundra and Bollywood actress Shilpa Shetty later bought shares in RR and became joint owners until 2015, when Kundra was banned for life for his involvement in a betting scandal. RR was also suspended for two years.
- RR ownership has attracted controversy since 2010 when it was revealed that undisclosed shareholders held a significant stake in the franchise and fictitious bids were made , violating BCCI norms.
- As of today, Manoj Badale Emerging Media owners hold a majority stake of 65% in IPl. Lachlan Murdoch and RedBird Capital are minority stakeholders in RR. Shane Warne also owns 3% of RR.
- As of 2022, Rajasthan Royals are the tenth most valuable IPL team, with an estimated value of $1 billion.
Who is the current owner of Rajasthan Royals?
- Emerging Media’s Manoj Badale, Lachlan Murdoch and RedBird Media are the owners of Rajasthan Royals in 2023. Suresh Chellaram is also an investor in RR.
- RR is jointly owned by the majority and key minority stakeholders.
- Manoj Badale is a British-Indian businessman and venture capitalist born on 31 December 1967 in Dhule, Maharashtra.
- He has been with the Rajasthan Royals since the first auction and has taken most of the key decisions.
Rajasthan Royals in IPL 2023
Rajasthan Royals was one of the original IPL franchises launched in 2008. RR won the first IPL season but were unable to repeat that success again. They have only made the playoffs four times since 2008 but played the 2022 IPL final against newcomers Gujarat Titans. Rajasthan Royals have done well under the leadership of Sanju Samson and hope to create history again in IPL 2023.
RR’s coach in 2023 is Kumar Sangakkara, while Sanju Samson is the captain. Ranjit Barthakur is the president of RR, while Jake Lush McCrum is the CEO. The home ground of the Rajasthan Royals is the Sawai Mansingh Stadium in Jaipur, Rajasthan.
You can check out the full 2023 squad of Rajasthan Royals below.
IPL 2023 Owners List
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