Established in 2008, Rajasthan Royals is an IPL franchise that is based in Jaipur. They stunned everyone by emerging as the champions of the Indian Premier League in the inaugural season. However, the team could not build on their momentum after the opening season. The Royals from Rajasthan failed to establish themselves as a serious threat in the biggest T20 league on the planet.
Rajasthan Royals hit the rock bottom as they were banned for two years in 2016 and 2017 for the infamous fixing scandal. However, the franchise returned to action in 2018 once again. In 2022, the Jaipur-based franchise almost repeated its success from the opening season after reaching the final.
The Royals-e-Rajasthan began their journey under the able leadership of the legendary leg spinner Shane Warner. After his retirement, the team could not have stable leadership but they now have found a long-term leader in the young wicketkeeper-batter Sanju Samson.
Rajasthan Royals (RR) Owner Details
|Team Name||Rajasthan Royals|
|Owner(s)||Emerging Media IPL Limited, Bluewater Estate Limited, Shane Warne and RedBird Capital Partners|
|Director of Cricket Operations||Jake Lush McCrum|
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Who is the owner of Rajasthan Royals (RR) in IPL?
In 2022, the Rajasthan Royals are owned by Emerging Media IPL Limited, Blue Water Estate Limited, RedBird Capital Partners, and the late Shane Warne. Manoj Badale holds 65% of the stakes in the team, followed by RedBird Capital Partners (15%). While Shane Warne owns a 3% stake, Murdoch’s share has not been officially disclosed yet but it should be 17%.
Manoj Badale is an Indian businessman who is also the co-founder of a venture capital firm Blenheim Chalcot. In the beginning, he had less than a 40% stake in the Jaipur-based franchise, however, he has kept increasing his share gradually over the period of time.
Lachlan Murdoch is a British-based businessman who owns mass media businesses, including Fox Corporation and News Corp.
Redbird Capital Partners are a US-based private equity firm that bought 15% stakes in the Rajasthan Royals franchise last year for an undisclosed amount. They also own shares in two other sports teams Liverpool and Boston Red Sox.
The late cricketer and the legendary leg spinner Shane Warne used to receive 0.75% of Rajasthan Royals’ stakes for every season he played. At the end of his IPL career, his total stake in the franchise equalled to 3%. The Aussie passed away earlier this year, and now his stakes are likely to be preferred to his family.
|Tresco International, Emerging Media IPL Limited, Blue Water Estate Limited, Shilpa Shetty, Raj Kundra||2008 – 2015|
|Kelowna International Ltd, Emerging Media IPL Limited, Bluewater Estate Limited, and Shane Warne||2018 – 2021|
|Emerging Media IPL Limited, Bluewater Estate Limited, Shane Warne and RedBird Capital Partners||2021-Present|
Rajasthan Royals Team Brand Value – How much do Rajasthan Royals’ owners earn?
As per Forbes, Rajasthan Royals are the 7th most valuable IPL franchise in 2022, sitting at a valuation of $1 billion. They have had a revenue of $31.7 million in 2022 alongside an operating income of $6.6 million.
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