(NSI News Source Info) February 3, 2009: Bollywood actress Shilpa Shetty and her business partner Raj Kundra on Tuesday bought a 12 per cent stake in the Indian Premier League team Rajasthan Royals , the inaugural champions of the Twenty20 event.
Shetty and Kundra, a UK-based entrepreneur, are reportedly set to invest $ 15.4 million in the team, which is led by Australian spin legend Shane Warne and has international stars like South African skipper Graeme Smith and Aussie all-rounder Shane Watson in its fold.
“They have bought an approximately 12 per cent stake in the team,” Rajasthan Royals owner Manoj Badale told reporters in Mumbai .
Shetty thus becomes the third Bollywood star after Shah Rukh Khan and Preity Zinta to buy a stake in IPL teams.
While Shah Rukh owns Kolkata Knight Riders , Preity has a stake in Kings XI Punjab , the semi-finalists last year.
Shetty said she would have a role in the team’s promotional activities this year. “I will be promoting the team. Perhaps a music video will also come,” she quipped.
Shetty and Kundra, a UK-based entrepreneur, are reportedly set to invest $ 15.4 million in the team, which is led by Australian spin legend Shane Warne and has international stars like South African skipper Graeme Smith and Aussie all-rounder Shane Watson in its fold.“They have bought an approximately 12 per cent stake in the team,” Rajasthan Royals owner Manoj Badale told reporters in Mumbai .
Shetty thus becomes the third Bollywood star after Shah Rukh Khan and Preity Zinta to buy a stake in IPL teams.
While Shah Rukh owns Kolkata Knight Riders , Preity has a stake in Kings XI Punjab , the semi-finalists last year.
Shetty said she would have a role in the team’s promotional activities this year. “I will be promoting the team. Perhaps a music video will also come,” she quipped.
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