New Delhi, March 26 -- Former IPL chairman Lalit Modi has launched a full-on attack on Lucknow Super Giants (LSG) owner Sanjiv Goenka after the billionaire did not fully acknowledge his role in the rise in the valuation of IPL franchises. The statement by Lalit Modi came shortly after two billion-dollar valuation acquisitions in the IPL, first concerning the Rajasthan Royals (RR) and second with the Royal Challengers Bengaluru (RCB).

RCB were sold for $1.78 billion to a consortium of buyers comprising Aditya Birla Group, Blackstone, the Times of India Group, and Bolt Ventures. Meanwhile, RR was acquired by US-based entrepreneur and existing investor Kal Somani at a valuation of $1.63 billion.

While celebrating the milestones in a post o...