RCB Set to Find New Owner Ahead of Next IPL Season

Royal Challengers Bangalore (RCB) is on the verge of a significant ownership change as the current owners, Diageo PLC, seek to sell the franchise after their first IPL title win in 17 years. The team is exploring options for potential investors, with reports suggesting a valuation of ₹16,834 crores. This move comes as the franchise's brand value has surged following their historic victory. As discussions progress, the future of RCB's ownership remains a topic of interest for fans and investors alike.
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RCB Set to Find New Owner Ahead of Next IPL Season

RCB's Ownership Transition

After securing their first IPL title in 17 years, Royal Challengers Bangalore (RCB) may soon have a new owner before the upcoming season. Following this historic win, the franchise is actively seeking a new owner as the current stakeholders wish to sell.

According to a report from a news media outlet, sources indicate that the franchise's owner, Diageo PLC, is looking to divest its stake. The current owners are open to selling either the entire franchise or a portion of it. This decision comes in light of the increased brand value of the franchise following their inaugural IPL championship.

RCB is currently owned by United Spirits Limited, which operates through Diageo. The company is in discussions with potential investors. However, there has been no official announcement regarding the valuation of the franchise. A report from Bloomberg suggests that the owners might be asking for ₹16,834 crores for the franchise, considering selling either the whole or a partial stake.


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