All posts tagged: rcb owners

RCB Sold to Birla Group in Landmark IPL Franchise Deal

RCB Sold to Birla Group in Landmark IPL Franchise Deal

In a major shake-up in the Indian Premier League, the Royal Challengers Bengaluru have been acquired by the Birla Group, marking a significant moment in the league’s evolving business landscape. The high-profile takeover reflects the growing interest of leading corporate giants in owning IPL franchises. The Aditya Birla group, along with Times of India Group, Bolt Ventures and Blackstone, has bought the state of RCB for INR 16,660 crores, marking one of the biggest franchise deals in IPL history. United Spirit, the owner of the franchise, made this disclosure in mandatory regulatory filings in Bombay Stock Exchange of India on Tuesday. Bolt Ventures and Blackstone’s perpetual private equity are the other members of the consortium that jointly bought the Royal Challengers Bengaluru. The decision to sell off 100 per cent stakes in RCB was approved by United Spirits Limited, owned by Diageo India. Jacob Bethell and Virat Kohli (image: X) “We wish to inform you that the board of directors of United Spirits Limited at its meeting held today, i.e., March 24, 2026, has inter …

‘Change in ownership won’t affect them’: Former RCB batter feels franchise has found winning template | Cricket News

‘Change in ownership won’t affect them’: Former RCB batter feels franchise has found winning template | Cricket News

The possibility of the sale of the Royal Challengers Bengaluru has spurred interest over the last week where it was revealed that the IPL 2025 champions have been put on sale, only months after their maiden title triumph. While there have been talks about the franchise’s ownership, the confirmation came last Wednesday with Diageo revealing that they initiated the process to sell the IPL as well as the Women’s Premier League (WPL) team, which is three years old and has a title to its name. Former RCB batter Mohammed Kaif, however, felt that a potential change in ownership will not affect the team’s winning template on the field. Story continues below this ad “I think the best thing about RCB from last time was how they performed in the auction. They appointed a new captain and his bonding with Virat Kohli was also good. What hadn’t happened in the team’s history before, happened the previous time. Bowlers had more say in their title victory. Whether we talk of Krunal Pandya, Josh Hazlewood and Yash Dayal. …