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Investor Ups Stake in the Indian Premier League (IPL) Rajasthan Royals Cricket Team |
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Sports ·
Aug 10, 2009
The Indian Premier League (IPL) is no doubt the most exciting sports tournament in the world. I have also been trying to follow up, from a plain curiosity perspective, on how profitable/valuable Indian cricket team.
Manoj Badale, an UK based business of Indian Origin, just upped his take in the Rajasthan Royals, the winner of the 1st IPL.
He seems to have got a sweet deal based on the company's "original valuation" and the company is now supposed to be worth $140M
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