tresco international ltd is a 44.2% owner of the rajasthan royals.
who is a 44.2% owner of the rajasthan royals?
tresco international ltd
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in 2010, the bcci decided to expel kings xi punjab and rajasthan royals from the ipl. the expulsion baffled captain shane warne who stated that he suspected that there might be some foul play and that the bcci might possess some ulterior motives. the rajasthan royals however filed an appeal against the decision and the two parties went to the mumbai high court to decide the mumbai high-court adjourned that case until 29 october 2010. both parties then agreed to adjourn the case again to 15 november because they didn't want it to coincide with diwali celebrations from 1 to 14 november later it was announced by the royals that they told the bombay high court that they would be negotiating with an arbitrator to see if they could reconcile with the ipl the arbitrator announced that while the investigation was ongoing the royals would remain a part of the ipl for six-weeks and the bcci would not be allowed to change rules which might go against the royals. the six-week period included the player auction in which rajasthan royals participated. after this the bombay high court rejected the appeals of the bcci against keeping the rajasthan royals in the ipl for six-weeks while the case was sorted out. it was estimated because of the losses in court cases and damaging reputation the bcci decided not to pursue any further legal action against royals' or kings xi punjab and announced they decided to keep them in the ipl.
rajasthan royals