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Rajasthan Royals owners agree to sell franchise

According to ESPN Cricinfo, the owners of the Rajasthan Royals have agreed to sell their franchise to a Kolkata based businessman for $200 million .

The deal still needs to be approved by the IPL governing council but it will be the first time an IPL franchise will have been sold since the creation of the league five years ago.

source - cricket20.com
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