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RPSG Group Considers Selling 15-20 Percent Stake in Lucknow Super Giants
M
Moneycontrol•06-10-2026, 21:19
RPSG Group Considers Selling 15-20 Percent Stake in Lucknow Super Giants
- •RPSG Group is reportedly in talks to divest a 15 to 20 percent stake in the Lucknow Super Giants franchise.
- •Goldman Sachs has emerged as the front-runner to act as the banker for the potential deal, though no final decision has been made.
- •The franchise is expected to be valued between 1.5 billion and 2 billion dollars, potentially fetching between 225 million and 400 million dollars for the stake.
- •The RPSG Group originally acquired the Lucknow franchise in November 2021 for Rs 7,090 crore.
- •The move comes as IPL franchise valuations soar, with recent high-profile sales of teams like Royal Challengers Bengaluru and Rajasthan Royals.
Key Questions Answered
The RPSG Group is reportedly weighing a 15% to 20% divestment of its stake in the Lucknow Super Giants franchise.
Goldman Sachs has emerged as the front-runner to act as the banker for the deal, though the final choice has not yet been finalized.
In November 2021, the RPSG Group paid Rs 7,090 crore, which translates to $800 million, to acquire the Lucknow franchise.
