Shilpa Shetty buys 12% stake in IPL's Rajasthan Royal. Indian actress Shilpa Shetty and Dubai businessman Raj Kundra has risen 12 percent stake worth over $ 11.6 million in the Rajasthan royal franchise, which won the inaugural 2008 season of Indian Premier League. Shetty told a media conference Tuesday, I have always under my own. Rajasthan Royal IPL was under before it succeeded (in winning the title) Shetty has invested their money in Rajasthan Royal team co-owned by Manoj Badal also the president, who is CEO of S2 Global Productions Private Limited, and her partner venture CEO of Dubai-based Essential Trading Company, Raj Kundra. Kundra said his advice from his father to always invest in a successful venture and triumphantly royal franchise team fits it perfectly.
Badal, advertise the sale of 12 percent of the shares in Royal Rajasthan was valued at $ 140 million, says that last year's focus was to make it a known brand in India and this year was to Globalize it. Badal also announced that the focus of the Royal team will always remain cricket-specific, and that this year's team will include a couple of young players who have already had some interactive sessions with the Australian spin legend and team captain-cum-coach Shane Warne.
About the investment from Shetty and Kundra, Badal said: "We are funded, and now for the next few years with investments of Shilpa and Raj". He claimed the global economic meltdown has not affected the team sponsorship. "With well-prepared for cricket in the first year we've seen no slow down in interest from sponsors," Badal said. Badal also said that within the next 12 months in the franchise player fights in England, in the summer months, and Australia, in the course of the season. Terming the Pakistan government's decision to bar their players from participating in this year's IPL which is disappointing in the wake of tensions between the two countries in the wake of the Mumbai terror attacks Badal said the team is not directed against a specific player in the IPL player auction in Goa on February 6.
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