Royal Challengers Bangalore (RCB), one of the most popular franchisees in the Indian Premier League (IPL), is officially for sale. The United Spirits Limited (USL), a British multinational alcoholic beverage company Diazio, has allegedly hired the RCB franchise on sale.
The USL’s decision to sell the franchise comes after the team’s IPL 2025 victory ceremony after the years of speculation and tragic stampede, which claimed 11 people on 4 June.
Adar Poonawalla emerges as a precursor to buy RCB
It is being said that the USL is looking to sell the Royal Challengers Bangalore team in $ 2 billion, which is about 17,762 crore, which is one of the world’s most valuable sports teams.
As reported by CNBC TV18, the CEO of India’s Serum Institute, Adar Poonawalla, is at the forefront of gaining the entire share of USL in RCB. United Spirits Limited (USL) has appointed Global Investment Bank City to manage transactions.
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Why is Diazio not interested in Royal Challengers Bangalore?
Earlier this month, Diazio India MD and CEO Praveen Someshwar was quoted by CNBC-TV18, “RCB is an exciting business, but it is non-core for dieso.”
Well, the Royal Challengers Bangalore traveled a high-profile, which began as his first owner with Vijay Mallya and was later acquired by Diazio.
However, the decision to buy RCB may be affected by the rules of the Government of India. Since alcohol is banned in advertising game, it makes investment for Dijio less attractive.
RCB’s market value sleeps after IPL 2025 Triumph
Meanwhile, RCB’s growth in market value has been notable. Despite being one of the oldest IPL teams without a trophy for years, the franchise has created a large -scale fan, thanks to Virat Kohli, who has been with the franchise since the establishment of the IPL in 2008.
Winning the IPL 2025 has only increased its appeal, making it a lifetime opportunity for buyers.
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Sales can set a new benchmark for IPL franchisees. In particular, the Torrent Group recently acquired 67% stake in Gujarat’s Titans, which is 7,500 crores, which is just 42.2% of the estimated evaluation of RCB, which is a very small team in the 2022 IPL winner Cash-Rich League.
Lalit Modi confirms RCB sales rumors, predicting global funds monitoring the IPL team
With the speculation of Lalit Modi fuel about sales, no RCB land will acquire only one RCB team, but will protect one of the world’s most prestigious cricket brands.
Lalit Modi posted, X: “There have been many rumors about the sale of an IPL franchise. Well, in the past, they have been denied. But it seems that the owners have finally decided to take off their balance sheet and sell it. I am sure that the IPL was won in the previous season and with a strong base of fans and great management, it is a full team,” it is a full team. Can ,
He said, “One of the big global funds or sovereign funds will prefer him as part of his India strategy. It will definitely determine a new record assessment and become the price of the floor for all IPL teams. I am sure that the city team will do a great job in the team auction.”