Sanjiv Goenka pocketing the Lucknow franchise was the most interesting story of this round of big money bidding battle. Even his elder brother Harsh Goenka had some free advice for Sanjiv Goenka. RPG enterprises, founded by industrialist Rama Prasad Goenka, was split up in 2010 between Harsh and Sanjiv Goenka, Reliance style. For two years, his firm owned the Pune IPL team formed because of the suspension of Chennai Super Kings. Just as Sanjiv Goenka pays IPL Rs 710 crore every year, he gets nearly Rs 300-350 crore back.
Source: The Hindu October 26, 2021 19:42 UTC