Royal Challengers Bengaluru: According to multiple reports, one of the most famous teams in the Indian Premier League, RCB, has been put on sale by its current owner. This decision was made by Diageo, which is the majority shareholder of the RCB’s direct owner, United Spirits Limited. The United Spirits Limited is an Indian alcoholic company, and they have reportedly stated that owning a cricket team is not their main goal; they want to put their money and focus into making and selling drinks.
Other reasons that might have led to RCB being put for sale are that in India, advertising rules about alcohol are very strict. One more thing, recently, it has been reported that the parent company, Diageo, has been under huge financial pressure. Selling the team at this point is also a very strategic move from a business point of view, as both the Men’s and Women’s RCB teams have recently won the IPL/WPL trophy. It is further reported by multiple sources that the team can be sold for a record-breaking price of $2 billion, and it’s also reported that new owners can be announced before March 31, 2026, which is right before the next IPL season.
Who Could Be The New Owner of the Royal Challengers Bengaluru?
There have been several major business companies, both from India and internationally, that have expressed high interest in buying the RCB. One of the biggest business names that has been in the talks of buying the RCB recently is the Adani Group. Over the years, the Adani Group has been keen to own an IPL team; they already own the Gujarat Giants in the WPL.
Another strong contender in the race to buy RCB is the CEO of the Serum Institute of India, Adar Poonawalla. Multiple reports suggest that he might be looking to buy the RCB with an American investment fund. Adar Poonawalla has also publicly expressed his interest in buying RCB, stating, “great team at the right valuation.”
Other companies that have shown their interest in buying the RCB are JSW Group. JSW Group also co-owns the Delhi Capitals. Several International companies have also shown interest in this sale. Devyani International Group is also in the race among the business parties that have shown their interest in buying one of the most famous teams in the IPL.
FAQs
Q. When will the new owners of RCB be announced?
A. According to multiple business reports, Diageo is rushing this sale, and the new owners will likely be announced before March 31, 2026.
Q. Will the new owners change the name of RCB?
A. The new owners can definitely change the name of RCB; however, changing the name will be a huge and challenging business decision, as RCB is one of the biggest team names in the IPL.
Q. Can the JSW Group buy the Royal Challengers Bengaluru?
A. The JSW Group already co-owns the Delhi Capitals, and the BBCI has a very strict rule that does not allow any entity to hold simultaneous ownership of more than one IPL team. For JSW Group to buy RCB, they will need to sell their shares that they own in the Delhi Capitals.
Q. Why is RCB up for sale?
A. The United Spirits Limited is an Indian Alcohol company, and they reportedly said that owning a cricket franchise is not their main goal; they want to focus on making and selling drinks.
Q. Is Women’s RCB also up for sale?
A. The United Spirits Limited owns the right to both the Men’s and Women’s RCB teams, so yes, the Women’s RCB team is also up for sale.
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