← Latest news 
Rajasthan Royals sale sparks outcry as excluded bidder Kal Somani alleges process unfairness for months
Sports
Published on 5 May 2026
Somani says his team led the bid for months
A rival bidder has publicly questioned the Rajasthan Royals ownership sale process, with US-based entrepreneur Kal Somani and his partners saying they were excluded despite leading the bid for six months. The consortium expressed deep disappointment as a Mittal family-led group secured a controlling stake for about $1.65 billion, triggering fresh questions over how the process was handled.
- Kal Somani’s consortium was excluded from the Rajasthan Royals sale
- Somani alleges his team was the lead bidder for six months
- A Mittal family-led group acquired a controlling stake for about $1.65 billion
- The dispute adds heat to the transparency of the ownership process
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times