The United Spirits Ltd, the Indian arm of Diageo Plc, officially announced Royal Challengers Bengaluru put up for sale by filing a disclosure with the Bombay Stock Exchange (BSE), stating the ‘strategic review’ of its investment in the franchise through its wholly-owned subsidiary Royal Challengers Sports Pvt Ltd. (RCSPL). Following the RCB’s maiden IPL triumph this year, it was speculated that the franchise would be sold.
The Indian Premier League’s most followed franchise is now set to attract potential buyers, with the sale process expected to conclude by March 31, 2026. RCB owners, United Spirit Ltd (UCL), are reportedly considering the sale of the franchise at a whopping valuation of $2 billion, which is approximately INR 17,500 crore.