Rajasthan Royals (RR) is owned by Royal Multisport Pvt. Ltd., a consortium led by Indian businessman Manoj Badale, founder of Emerging Media. The ownership group also includes RedBird Capital Partners and other investors. Lachlan Murdoch, CEO of Fox Corporation, is a key stakeholder, bringing a global media dimension to the franchise.
Established in 2008, RR became the inaugural IPL champions, blending youthful talent with seasoned international players. The franchise’s innovative team-building approach has made it a standout in the league.
This article delves into the ownership structure of Rajasthan Royals, their journey, and key milestones over the years.
Who Is The Owner Of RR?
The ownership of Rajasthan Royals (RR) lies with Royal Multisport Pvt. Ltd., a consortium led by Manoj Badale, co-founder of Emerging Media, along with RedBird Capital Partners.
As part of the wider network of franchise stakeholders across the league, Lachlan Murdoch, who holds a significant stake through Fox Corporation, brings valuable media expertise that boosts the Royals’ visibility. This structure reflects the broader dynamics of IPL franchise ownership seen in the tournament.
The franchise was one of the inaugural IPL teams when the league was formed in 2008. Under the leadership of Badale, the Rajasthan Royals have become synonymous with an innovative approach to IPL team-building and performance. The team was the first to win the IPL championship in 2008, marking its place in the history books.

As of 2025, the CEO of Rajasthan Royals is Jake Lush McCrum. McCrum joined RR in 2019 and has been instrumental in expanding the brand’s international reach, focusing on talent scouting and global marketing.
His strategic management has helped the Rajasthan Royals remain competitive despite their fluctuating IPL performances.
Owner & Business Ventures
Royal Multisport Pvt. Ltd. has been involved in managing not just the Rajasthan Royals in the IPL but also expanding its influence in other sports ventures. This includes various grassroots and community programs that focus on promoting cricket at the youth level and globally.
The ownership group has made several strategic business moves, including investments in sports technology, media partnerships, and fan engagement platforms.
Lachlan Murdoch’s role in the ownership brings significant media influence, helping the Rajasthan Royals expand its digital and broadcasting footprint. Murdoch’s expertise, backed by Fox Corporation, has helped elevate the franchise’s profile, contributing to its robust media presence.
Additionally, the ownership group has expanded its brand internationally, with investments in global leagues and the development of the “Knight Riders” global brand, which includes the Trinbago Knight Riders in the Caribbean Premier League and the Los Angeles Knight Riders in Major League Cricket.
Here are five key points about Royal Multisport Pvt. Ltd.
- The primary owners include Manoj Badale (Emerging Media), with RedBird Capital Partners holding a significant stake, and Lachlan Murdoch adding substantial media expertise through Fox Corporation.
- The owners have invested in global outreach initiatives, with an emphasis on fan engagement, international marketing, and expanding their brand presence globally.
- Rajasthan Royals has partnered with local clubs and academies to nurture young talent and develop the next generation of cricketers.
- Through strategic media partnerships, including those influenced by Murdoch’s involvement, the Rajasthan Royals have built a strong fan base across the world, leveraging digital platforms and community-based outreach programs.
- The team’s ownership group has been involved in various social initiatives that aim to improve the quality of life in Rajasthan and other parts of India.
RR Net Worth & Brand Value
Rajasthan Royals, with its innovative approach to marketing and consistent performances, has become one of the valuable franchises in IPL. The franchise boasts a net worth of $81 million as of 2025.
RR’s valuation has grown significantly over the years, driven by its strong media presence, fan engagement, and strategic sponsorships. It also benefits from a robust brand image built around its success in the IPL and its iconic first-season win.

The involvement of Lachlan Murdoch has played a crucial role in boosting the team’s media reach and fan base, further contributing to its overall brand value.
RR In IPL 2025 So Far
With only 4 wins from 14 matches, the Rajasthan Royals (RR) finished 9th in IPL 2025. Their position, as per the IPL 2025 playoff standings, reflected a net run rate of -0.549 and 8 total points.
RR’s season was challenging, but it featured incredible performances. Youngest IPL centurion, Vaibhav Suryavanshi, smashed a 35-ball hundred versus the Gujarat Titans. Captain Riyan Parag also stunned fans with six sixes in a row against the Kolkata Knight Riders.

RR managed to avoid finishing at the bottom of the table with a final win over Chennai Super Kings. However, inconsistency and a lack of depth in both batting and bowling departments hindered their overall performance. The team aims to rebuild and come back stronger in the next season.
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Conclusion: Rajasthan Royals Is Managed And Owned By Royal Multisport Pvt. Ltd!
The ownership group behind Royal Multisport Pvt. Ltd., led by Manoj Badale, RedBird Capital Partners, and Lachlan Murdoch, has played a critical role in shaping the brand and success of the Rajasthan Royals (RR).
Their vision to grow the franchise beyond IPL, expand into international markets, and promote grassroots cricket has made RR one of the most respected teams in the league.
Rajasthan Royals’ consistent efforts in building a global brand, along with a focus on strategic leadership, talent development, and media partnerships, make them a formidable force in the IPL and beyond.
As the franchise continues to evolve, its future looks promising, both in the IPL and international cricket leagues.
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