Royal Challengers Bengaluru (RCB) has reportedly been sold for approximately USD 1.78 billion in one of the biggest franchise deals in Indian Premier League (IPL) history, according to multiple international media reports.
The franchise, previously owned by United Spirits—part of global beverage giant Diageo—has been acquired by a consortium that includes the Aditya Birla Group, the Times of India Group, U.S. investor David Blitzer, and private equity firm Blackstone.
Reuters reported that the deal marks a significant milestone in the IPL’s financial growth, further reinforcing its status as the world’s most lucrative cricket league.
Sources indicate that Aryaman Vikram Birla is expected to take over as chairman of the franchise, while Times Group Vice Chairman Satyan Gajwani is likely to assume a key leadership role within the new ownership structure.
The transaction remains subject to regulatory approvals, including clearance from the IPL Governing Council and the Board of Control for Cricket in India (BCCI).
RCB is among the most popular franchises in the IPL, having featured global cricket icons such as Virat Kohli, AB de Villiers, and Chris Gayle.
The reported valuation underscores the rapid rise in franchise worth within the IPL, reflecting strong commercial interest and continued expansion of the league’s global appeal.
English (United States) ·