According to the report, the discussions took place during the Crown Prince's September visit to India.
Digital Desk: Bloomberg News reported on Friday, citing sources familiar with the situation, that Saudi Arabia showed interest in buying a multibillion-dollar share in the Indian Premier League (IPL), the biggest cricket league in the world.
The report said that advisors to Saudi Crown Prince Mohammed bin Salman had discussed the possibility of transferring the Indian Premier League into a holding company with a potential worth of up to $30 billion with Indian government representatives.
According to the report, the discussions took place during the Crown Prince's September visit to India. The monarchy suggested contributing up to $5 billion to the league and spearheading its international expansion.
When Reuters asked for a response, the IPL's governing body, the Board of Control for Cricket in India (BCCI), did not answer instantly.
Since its introduction in 2008, the Indian Premier League (IPL), one of the richest leagues globally, has drawn top players and coaches to India.