Jackson Warne has rubbished claims that he and his sisters are set for a multimillion-dollar payday following the sale of Indian cricket team Rajasthan Royals.
The 26-year-old's father, , purchased a stake in the Indian (IPL) franchise when he came out of retirement to play for the team in 2008.
Reports emerged this week that a consortium led by US-based entrepreneur Kai Somani had purchased the team for $2.3billion.
It was also claimed that the sale would net Jackson and sisters Brooke, 27, and Summer, 23, a massive $70million windfall.
However, Jackson dismissed the claims, telling the Herald Sun that it was 'fake news'.
Shane initially negotiated a 0.75 per cent equity stake in the team when he signed on in 2008.
Jackson Warne has rubbished claims that he and his sisters are set for a multimillion-dollar payday following the sale of Indian cricket team Rajasthan Royals
The 26-year-old's father, Shane Warne, purchased a stake in the Indian Premier League (IPL) franchise when he came out of retirement to play for the team in 2008
Initially paid a base salary of approximately AUD$650,000, Shane's stake grew to three percent during his four-year tenure with the franchise, where he served as captain, coach, and high-performance manager.
However, according to the publication, ties between the Warnes and Rajasthan Royals were cut when Shane died of a heart attack in 2022.
In 2021, the franchise was publicly valued at $480million, meaning Shane's stake was worth around $14million.
However, with the recent AUD $2.33billion sale, that stake would have skyrocketed to $70million.
Shane certainly did not leave his children in need after his death.
His final will, drafted just three months before his tragic death, revealed the King of Spin had amassed an extraordinary $20.7million fortune.
Jackson, Brooke and Summer inherited just under a third of their father's assets – or about $6.41million each.
It comes after Jackson revealed what went on behind the scenes the day his famous dad died.
Reports emerged this week that a consortium led by US-based entrepreneur Kai Somani had purchased the team for $2.3billion. It was also claimed that the sale would net Jackson and sisters Brooke, 27, and Summer, 23, a massive $70million windfall
It was also claimed that the sale would net Jackson and sisters Brooke, 27, and Summer, 23, a massive $70 million windfall
However, Jackson dismissed the claims, telling the Herald Sun that it was 'fake news'
'As soon as I hung up on the first call, I got messages from people saying, "tell me it's not true" and it has to be fake.
