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Honesty and integrity were not enough: US-based entrepreneur Kal Somani-led group lashes Rajasthan Royals

  • Posted on May 5, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
Honesty and integrity were not enough: US-based entrepreneur Kal Somani-led group lashes Rajasthan Royals
Honesty and integrity were not enough: US-based entrepreneur Kal Somani-led group lashes Rajasthan Royals

A rival bidder has publicly questioned the Rajasthan Royals ownership sale process. The US-based entrepreneur Kal Somani and his partners expressed deep disappointment after being excluded. They claim their consortium was the lead bid for six months. The sale saw a Mittal family-led group acquire a controlling stake for around $1.65 billion.
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Business News Today

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