{
    "id": "78637",
    "author": "23",
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    "title": "Redbird Capital Partners, Co-Owner Of Liverpool FC, Buys 15% Stake In Rajasthan Royals",
    "lang": "en",
    "series": "1",
    "cup_year": "2021",
    "article_type": "General",
    "excerpt": "Redbird Capital Partners, a private investment firm that has invested in the company that owns Liverpool football club and Boston Red Sox baseball team, has acquired a 15 percent stake in the Indian P",
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    "editor1": "<p>Redbird Capital Partners, a private investment firm that has invested in the company that owns Liverpool football club and Boston Red Sox baseball team, has acquired a 15 percent stake in the Indian Premier League (IPL) franchise Rajasthan Royals. The amount of transaction signed with the Royals is valued between US$250 million and US$300 million.<\/p>\r\n\r\n<p>London-based venture capitalist Manoj Badale&#39;s investment firm Emerging Media owns the majority stake.<\/p>\r\n\r\n<p>&quot;Such an investment is testament to the global standing of the IPL and India as an attractive investment destination,&quot; Badale said.<\/p>\r\n\r\n<p>In an official release posted by Rajasthan Royals, Gerry Cardinale, founder and managing partner of RedBird, said, &quot;The IPL is a dynamic league with a global audience and forward-thinking mindset regarding fan and player engagement.&quot;<\/p>\r\n\r\n<p>Rajasthan Royals had won the inaugural 2008 Indian Premier League title. However, since then they have struggled to make an impact.<\/p>\r\n\r\n<p>&quot;We are tremendously proud to announce this extra investment from our long-standing investor, Emerging Media, and to establish a ground-breaking collaboration with our new partner RedBird,&quot; said Ranjit Barthakur, chairman of the Rajasthan Royals.<\/p>\r\n",
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    "alt_img": "Cricket Image for Redbird Capital Partners, Co-Owner Of Liverpool FC, Buys 15% Stake In Rajasthan Ro",
    "alt_title": "Rajasthan Royals",
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    "seo_title": "Redbird Capital Partners, Co-Owner Of Liverpool FC, Buys 15% Stake In Rajasthan Royals On Cricketnmore",
    "seo_desc": "Redbird Capital Partners has acquired a 15 percent stake in the Indian Premier League (IPL) franchise Rajasthan Royals.",
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    "created": "2021-06-26 10:48:22",
    "updated": "2021-06-26 10:48:22",
    "img_from": "Image Source: Google",
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    "schedule_publish": "0000-00-00 00:00:00",
    "news_keywords": "Rajasthan Royals, IPL, Redbird Capital, RR Owners, Rajasthan Royals Owner",
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    "link": "https:\/\/www.cricketnmore.com\/cricket-news\/redbird-capital-partners-co-owner-of-liverpool-fc-buys-15-stake-in-rajasthan-royals-78637"
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