After finally clinching their maiden IPL title, Royal Challengers Bengaluru (RCB) could be heading toward a major ownership shake-up. A report by Cricbuzz suggests that Diageo, the team’s parent company, is considering selling its stake, with the franchise reportedly valued at around USD 2 billion (about ₹17,600 crore). The price tag has sparked plenty of discussion among potential buyers.
Big Names Eye the Franchise
At least half a dozen prominent investors are said to be interested. Among them are Adar Poonawalla, CEO of Serum Institute of India; Parth Jindal of the JSW Group, co-owner of Delhi Capitals; and the Adani Group. Some US-based private equity firms have also joined the race but are assessing the numbers closely before committing.
Reacting to the buzz, Poonawalla shared on social media that “at the right valuation, RCB is a great team,” hinting at possible collaboration with an American partner. His recent business moves include acquiring a 50% stake in Karan Johar’s Dharma Productions and exploring sports investments for years.
Diageo Faces Shareholder Pressure
Inside Diageo, the decision to sell has reportedly gained traction. Several shareholders have questioned the logic of continuing to fund a cricket franchise, citing unclear long-term returns. However, sources indicate the sale isn’t final yet and could be reconsidered depending on how talks with Indian investors unfold.
Valuation Challenges and Legal Concerns
The sale process faces several uncertainties. The upcoming renewal of IPL broadcasting rights, due in the next two years, will significantly influence final valuation. Meanwhile, the recent stampede outside M. Chinnaswamy Stadium and subsequent legal issues have added risk factors. The venue also lost hosting rights for Women’s World Cup matches, denting its reputation further.
Future Still Up in the Air
RCB’s strong fan base and recent title win make it one of the IPL’s most valuable teams. Yet, the hefty valuation, legal complications, and investor caution could slow down a deal. Whether Diageo opts for a full exit or keeps a minority stake remains uncertain.
For now, RCB’s next big contest might not be on the field, but in the boardroom, as new contenders line up for control of the Red and Gold brigade.
