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FRANCHISE TRANSACTIONS IN IPL
RCB wins valuation crown! Royal Challengers Bengaluru 1st $300 mn cricket team as IPL business value crosses $20 bnRoyal Challengers Bengaluru has surpassed a $300 million brand value milestone. The Indian Premier League's overall business valuation clim...- Flash Sports appoints former BCCI CEO Rahul Johri to its boardFlash Sports & Media Holdings has appointed Rahul Johri to its Board of Directors. Johri previously served as the Chief Executive Officer o...
- CCI clears RCB's $1.78-billion buyout by Aditya Birla Group, ToI consortiumThe Competition Commission of India has greenlit a massive $1.78 billion deal, allowing a consortium led by Aditya Birla Group and The Time...
- Hardik Pandya & MS Dhoni in same IPL team? CSK enter race to pick Mumbai Indians captainA blockbuster IPL trade could see Hardik Pandya join MS Dhoni at Chennai Super Kings, with CSK emerging as serious contenders. Several fran...
- Cupid Breweries to acquire United Spirits' alcobev unit in Odisha for Rs 22.5 croreCupid Breweries and Distilleries will acquire an operational alcoholic beverage manufacturing unit in Odisha from United Spirits Limited. T...
- IPL may become the GOAT of sports world; League sees sharp rise in valuations on record media rights deals, deep-pocketed sponsorsIPL franchise values are soaring, projected to hit $15 billion by 2032. This growth rivals top European football clubs. Record media rights...
- Honesty and integrity were not enough: US-based entrepreneur Kal Somani-led group lashes Rajasthan Royals sale processA rival bidder has publicly questioned the Rajasthan Royals ownership sale process. The US-based entrepreneur Kal Somani and his partners e...
- Rajasthan Royals sold for $1.65B to Mittal-Poonawalla consortiumA consortium led by the Mittal family and including Adar Poonawalla will acquire Rajasthan Royals for $1.65 billion. The Mittal family will...
- ‘IPL in safest hands’: Lalit Modi backs Mittal-Poonawalla takeover of Rajasthan RoyalsThe Mittal family, in partnership with Adar Poonawalla, is set to acquire a controlling stake in Rajasthan Royals. This significant deal va...
- Mittal family-led consortium to acquire Rajasthan Royals in $1.65 billion dealThe Mittal family, led by Lakshmi N. Mittal and Aditya Mittal, is set to acquire a significant 75% stake in the Rajasthan Royals franchise....
- Mittal family set to own 75% of Rajasthan Royals in $1.65 billion dealThe Mittal Family and Adar Poonawalla are set to acquire a controlling stake in the Rajasthan Royals IPL franchise. The deal values the tea...
- More IPL teams may bat for stake saleIPL franchise valuations have seen a sharp increase. This rise is prompting some team owners to consider selling stakes. New deals have set...
- Consortium led by Aditya Birla Group and The Times of India acquires RCB for $1.8 billionRoyal Challengers Bangalore has been acquired for a staggering $1.8 billion by a consortium including Aditya Birla Group and The Times of I...
- RPSG shares rocket 20% after RCB's Rs 16,600 crore deal lifts valuation benchmark for IPL teamsShares of RPSG Ventures rose sharply after United Spirits sold the Royal Challengers Bengaluru franchise for Rs 16,600 crore, setting a new...
- JSW-GMR joint venture buys 2 cricket franchises for over ₹400 crJSW GMR Cricket, which owns the Delhi franchise in the Indian Premier League (IPL) and Women's Premier League (WPL), has agreed to pay over...
- IPL probe trail leads to Swiss bank accountsOne account in a Swiss bank has been found to have deposits of over $3 million. Tharoor has nothing to tweet home about Modi I Another agen...
- IPL franchisees failed to file annual reportsThe initial probe of the corporate affairs ministry into the affairs of the IPL franchises has revealed that some of them had failed to sub...
- BCCI not given fee for IPL share transfersShashank Manohar, giving details of various transaction fees that the Board is entitled, wondered how irregularities were allowed to happen...
- IPL row: I-T sleuths raid Sahara head office in LucknowSahara sources say IT department surveyed the office to check papers in connection with the IPL controversy. IPL controversy | List of shar...
- IPL team owners come under I-T scrutinyMany IPL franchises are under government scrutiny for alleged money laundering.
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