Get to Know Rajasthan Royals Owners
Rajasthan Royals has earned itself a distinct presence in IPL cricket, leaving fans curious to know more about who owns it and why. Continue reading below to gain all the details regarding ownership of Rajasthan Royals.
Who Is the Owner of Rajasthan Royals?
Rajasthan Royals are owned and primarily controlled by Manoj Badale. Under Shane Warne’s captaincy, they won their inaugural IPL tournament win back in 2008. Unfortunately, since then they have yet to clinch another victory.
|Team Name||Rajasthan Royals|
|Current Owner||Manoj Badale (majority stake)|
|CEO||Jake Lush McCrum|
|Coach||Kumar Sangakkara (Director of Cricket)|
|Assistant Coach||Trevor Penny|
|Fast bowling coach||Lasith Malinga|
|Strategy, Development and Performance Director||Zubin Bharuicha|
|Head of Analytics & technology||Giles Lindsay|
|Support Coach||Siddhartha Lahiri|
|Fielding Coach||Dishant Yagnik|
Some Rajasthan Royals players, including Prasidh Krishna and Obed McCoy, have experienced injuries. Shane Watson won Player of the Tournament honors in 2008 at Rajasthan Royals while many cricketers have launched their careers there.
Manoj Badale currently owns 65% of Rajasthan Royals and will remain as their owner in IPL 2023. Badale’s Emerging Media purchased the team for $67 million – making them one of the least-priced teams among eight teams competing.
EMIP owns 13.4% of Rajasthan Royals while individual investors Chellaram and Lachlan Murdoch hold stakes as well. Raj Kundra and Shilpa Shetty purchased 11.7%, but Kundra was banned due to involvement in IPL scandals; as a result, Rajasthan Royals did not participate in 2016 and 2017 IPL seasons, replaced instead by Gujarat Lions and Rising Pune Supergiant – before returning in 2018’s edition.
What Is the Brand Value of Rajasthan Royals?
Rajasthan Royals had been valued at 327 crores prior to 2019, however this figure had fallen by two-years due to match-fixing scandal that damaged their image and brand value. When they qualified as runners-up and earned $61.3 million runner-up prize they saw this increase back up again.
Who Are the Sponsors of Rajasthan Royals?
Rajasthan Royals is sponsored by BKT, Dollar, Jio, Luminous, Goel TMT Ubon Fram 11 Mahindra and others.