Manoj Badale

Manoj Badale (born 31st December 1968) was born in Dhule , Maharashtra. He is the Chairman of Rajasthan Royals, an Indian Premier League Team representing Jaipur, Rajasthan.[1][2] Manoj is the co-founder and managing partner of Blenheim Chalcot,[3] the Chairman of Emerging Media. He is also chairman of the British Asian Trust (part of the Prince of Wales' Charities organisation) and of the Prince’s Charities Events Ltd., as well as chairman of Operation Smile UK.

Manoj was formerly a partner at Monitor Company, a co-founder of the Netdecisions Group, co-founded Fluency (sold to venture capitalists in 2003), Eviivo, and Steeltrace (sold to Compuware in 2004), the Rights Company (sold to Warner Music in 2005).estimated net worth £3.2 billion

IPL Investment and Controversy

In 2008, he along with a consortium of investors, Lachlan Murdoch, Illyria Pty Ltd; and Suresh Chellaram, an independent C.G. investor acquired the Jaipur IPL team ‘Rajasthan Royals’. Badale, along with Ranjit Barthakur, soon became the source of controversy when inappropriate and fictitious bids were made, violating BCCI norms.[4] Ranjit Barthakur and Fraser Castellino were the only two shareholders of the Jaipur IPL, completely unknown to the BCCI at the time.[5][6] An out of court settlement between the two later ensued.[7]

References

  1. ↑ "Rajasthan Royals hit with Rs 1 crore fine as BCCI ends row over ownership". Dailymail. Retrieved 25 January 2015.
  2. ↑ "Manoj Badale | Legal recourse remains an option for RR". Live Mint. Retrieved 25 January 2015.
  3. ↑ "Emerging Media's Badale to buy 50% in Rajasthan Royals". Economic Times. Retrieved 25 January 2015.
  4. ↑ "Season of the Long Knives". Openthemagazine.com. Retrieved 2010-10-17.
  5. ↑ "'BCCI Aware Of Rajasthan Royals' Workings'". ReachNRI. Retrieved 2010-12-23.
  6. ↑ "'Cricket:business trumps sports'". The Voice of Goa. Retrieved 2010-10-18.
  7. ↑ "'Rajasthan Royals hit with Rs 1 crore fine as BCCI ends row over ownership'". Daily Mail. 19 February 2014. Retrieved 2014-02-23.

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