Aditya Birla Group, TOI Group, Bolt Ventures & Blackstone purchase RCB for $1.78 billion | Cricket Information
Mumbai: Aditya Birla Group, The Occasions of India Group, Bolt Ventures, and Blackstone have signed a definitive settlement to amass 100% of the Royal Challengers Bengaluru (RCB) franchise that may embrace each the women and men’s groups.The Indian Premier League (IPL) and the Girls’s Premier League (WPL) franchises are being acquired from United Spirits Restricted (USL), a subsidiary of Diageo plc. The transaction has valued the franchise at US$1.78b (approx. INR 16,600 crore).
The acquisition is topic to customary closing circumstances, together with the approval from BCCI, the IPL governing council and different authorities.The franchise, below its new possession construction put up the 2026 version, will see Aryaman Vikram Birla, director at Aditya Birla Group function chairman whereas Satyan Gajwani of the Occasions of India Group would be the vice-chairman.“Over the previous 2 a long time, the IPL has morphed to develop into a worldwide sporting powerhouse that has modified the face of Indian cricket creating monumental worth for India. RCB, as one of the vital compelling franchises in trendy sport, gives the Aditya Birla Group a particular platform to increase its legacy of institution-building into the world of worldwide sport. We’re delighted to develop into custodians of this asset and dedicated to additional constructing this extraordinary legacy,” mentioned Kumar Mangalam Birla, Chairman of the Aditya Birla Group.
File picture of Kumar Mangalam Birla of the Aditya Birla Group.
Occasions Web Restricted’s Gajwani mentioned in a media be aware, “RCB is the reigning champion and the most well-liked model within the IPL. As The Occasions of India Group, along with our companions, we’ll construct RCB into a worldwide sporting establishment, whereas remaining rooted in Bengaluru and Karnataka and its unbelievable fanbase. We’re dedicated to the individuals who constructed this championship-winning tradition – the gamers, coaches, the management crew, and the followers. We stay up for supporting the crew as they take the pitch on Saturday to defend RCB’s title.”
File picture of Satyan Gajwani of the Occasions of India group.
Adar Poonawalla of the Serum Institute of India, Ranjan Pai of Manipal Hospitals, non-public fairness companies EQT, TPG and Temasek and the Glazer household that owns the Manchester United membership have been among the many different bidders when Diageo Plc had first initiated the method to promote RCB.In 2008, when the BCCI floated IPL, United Spirits had submitted a profitable bid of US$111.6m (approx Rs 485 cr) to amass the Bangalore franchise. In 2023, the RCB administration had paid one other Rs 901 crore to amass the WPL crew. In 2024, RCB received the WPL and adopted it up with their first-ever IPL title win in 2025.The franchise has featured a few of T20’s biggest icons together with Virat Kohli, Chris Gayle, AB de Villiers, Shane Watson, Anil Kumble, Glenn Maxwell, Yuvraj Singh and Faf du Plessis amongst others.
Virat Kohli led the Royal Challengers Bengaluru crew earlier than Rajat Patidar took over. (Photograph Credit score- X/RCB)
In 2013, after Kohli took over as captain of the IPL, the franchise’s recognition catapulted from being only one among the many eight groups to turning into one of the vital fashionable and sought-after properties within the match.Kohli’s rise as Crew India captain and cricket’s most authoritative model coincided with RCB’s rise as one in all IPL’s most adopted groups. Regardless of the shortage of a title win in 17 years, the franchise acquired mass following amongst followers in Karnataka, throughout the nation and social media.As of 2026, RCB stays proper on high the place its social media attain and basic recognition throughout broadcast media is anxious.In 2025, Model Finance had listed RCB as IPL’s second most beneficial model after Mumbai Indians and among the many high three strongest IPL manufacturers alongside Mumbai and Chennai. The identical yr, international funding financial institution Houlihan Lokey had additionally listed the RCB as IPL’s foremost model.
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