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flag US consortium led by Kal Somani to buy Rajasthan Royals for $1.63B pending BCCI approval.

flag A US-based consortium led by tech entrepreneur Kal Somani has reportedly agreed to buy the Rajasthan Royals IPL franchise for $1.63 billion, making it one of the most expensive sports team sales in history. flag The deal, which is pending BCCI approval, will take effect after the 2026 season and includes investors like Rob Walton and the Hamp family.

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