Royal Challengers Bengaluru, the current champions of the IPL, face a massive off-field transformation ahead of next season. RCB ownership change looks increasingly likely before IPL 2026 begins soon. Diageo plans to sell the franchise after years of running the team.
The parent company, United Spirits, holds RCB currently through its subsidiary structure. Shareholders lost interest in continuing their IPL investment going forward. Diageo already attempted to sell RCB previously without finding suitable buyers then.
Mega Valuation Demands
Diageo wants approximately $2 billion for the RCB ownership change to happen. This massive asking price scared away potential RCB buyer candidates earlier. The company might wait until the next media rights cycle begins.
Higher broadcasting deals will push IPL franchise valuations upward significantly later. Diageo believes patience brings better offers from serious RCB buyer groups eventually. A few companies have reportedly shown genuine interest in acquiring this franchise.
Big Names Circling RCB
Adar Poonawalla from Serum Institute of India leads the RCB buyer list. His pharmaceutical empire gives him the financial muscle to complete this massive deal. The new owner of RCB could bring fresh energy, transforming everything.
Parth Jindal’s family controls Jindal Group, wanting RCB desperately now, reportedly. However, they currently hold Delhi Capitals stakes, creating ownership conflicts here. Jindal Group must sell DC shares before becoming the new owner of RCB.
Adani Group chased IPL teams repeatedly over the years without success yet. They possess resources, making them strong RCB buyer contenders this time. Two American private equity firms also entered bidding discussions recently.
What Changes for Fans
RCB ownership change won’t affect Virat Kohli’s playing status immediately, probably. The franchise’s red and gold identity stays regardless of ownership shifts. The new owner of RCB will inherit a massive fanbase spread worldwide.
Fresh ownership brings different management philosophies and investment approaches, potentially though. RCB fans hope whoever buys delivers their first IPL trophy finally. The franchise waited 18 years before winning recently under current ownership.
Diageo’s exit marks the end of an era for Bengaluru’s cricket.