Structurally talking, the staff was owned by United Spirits/United Spirits subsidiaries (typically described as Royal Challengers Sports activities/United Spirits Sports activities, and many others.), with Mallya’s UB Group because the promoter of United Spirits.In 2012–13, the Diageo Group agreed to accumulate management of United Spirits Restricted (USL). By the mid-2010s, Diageo had efficient after which majority management of USL, and therefore of the franchise, though UB Holdings retained a minority shareholding in USL for a while.Vijay Mallya ultimately exited USL’s board and gave up energetic management of the franchise round 2016 amid authorized and monetary troubles. This left Diageo/USL because the efficient proprietor and operator of RCB.In March 2024, the franchise formally modified its title from Royal Challengers Bangalore to Royal Challengers Bengaluru, aligning with the town’s new spelling.RCB ended their IPL title drought by profitable the title in 2025, the 18th version of the T20 competitors.In late 2025, Royal Challengers Bengaluru, owned by United Spirits Restricted, a Diageo subsidiary, put the franchise up on the market.A number of bidders got here to the desk with Aditya Birla Group, TOI Group, Bolt Ventures & Blackstone consortium triumphing by advantage of the largest bid of $1.78 billion.In absolute phrases, Royal Challengers Bengaluru has seen a $1.67 billion enhance in worth over the 18 years. This represents a 1495 % rise, or 16-times the unique value paid by Vijay Mallya.