The team won the inaugural edition of the IPL under the captaincy of Shane Warne, despite being written off as a title contender by the media and fans. The Royals were also the runners-up of the 2013 Champions League Twenty20 under Rahul Dravid's captaincy.[6][11]
On 14 July 2015, the verdict reached by a panel appointed by the Supreme Court of India suspended Rajasthan Royals and Chennai Super Kings for two years over a 2013 betting scandal, meaning they could not participate in both the 2016 and 2017 IPL tournaments. They returned to the competition for the 2018 season.
The tewam's record run-scorer is Ajinkya Rahane with 3098 runs,[12] while the leading wicket-taker is Shane Watson, with 67
The Board of Control for Cricket in India (BCCI) announced the establishment of the Indian Premier League (IPL) in September 2007, a Twenty20 competition to be started in 2008.[14] The Rajasthan Royals were one of the original eight teams in the inaugural season of the IPL in 2008. The team was sold to the Emerging Media for $67 million, making it the least expensive team in the league.[1]
The franchise is currently owned and chaired by Manoj Badale. Other investors include Lachlan Murdoch, Aditya S Chellaram, and Suresh Chellaram. The Group acquired the franchise for $67 million.[15] There have been past controversies regarding the ownership of the franchise, leading to their expulsion from the league in 2010.[7] Incidentally, this was the least expensive franchise in the Indian Premier League and probably the least fancied team in the league at the beginning of the tournament.[16] It made a pre-tax profit of $7.5 million in 2009.[17]
Expulsion from the IPL and return
In 2010, the BCCI decided to expel Kings XI Punjab and Rajasthan Royals from the IPL.[18] 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.[19] The Rajasthan Royals filed an appeal against the decision and the two parties went to the Mumbai High Court to decide.[7] The Mumbai High Court adjourned that case until 29 October 2010,[8] but it was revised to 15 November because they didn't want it to coincide with Diwali celebrations from 1 to 14 November.[9]
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.[20] 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.[21] 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.[22] It was estimated that because of the losses in court cases and damage in reputation, the BCCI decided not to pursue further legal action against the Rajasthan Royals or Kings XI Punjab - the teams were allowed to remain in the IPL.
Boycott in 2015 Edit
In 2015, the group was restricted for a very long time following the Lodha Committee inquiry.[10]
Rajasthan Royals turned into the wellspring of contention when improper and imaginary offers were made, abusing BCCI norms.[24] Ranjit Barthakur and Fraser Castellino were the solitary two investors of the group, which was totally obscure to the BCCI at the time.[25][26] An out-of-court settlement between the two ensued.[citation needed] In 2015, Rajasthan Royals were prohibited for a very long time by the BCCI, with its proprietor Raj Kundra restricted forever
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