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News Royals Sale Controversy: Somani Consortium Slams ‘Unfair’ Bidding Process
The high-profile U.S. investor group led by Kal Somani has voiced strong dissatisfaction after losing the Rajasthan Royals franchise sale to Lakshmi Mittal and Adar Poonawalla, claiming their superior $1.635 billion bid was overlooked in a process they say lacked transparency and fairness.