Royal Challengers Bengaluru (RCB) were offered for a gargantuan INR 166.6 billion (around Rs 16,660 crore) by a high-profile consortium. The crew, led by the Aditya Birla Neighborhood along with The Times of India Neighborhood, Inch Ventures, and Blackstone, will lift plump ownership of RCB, including each its IPL and Females’s Premier League (WPL) groups.
Per a inaugurate from the United Spirits Diminutive, United Spirits Diminutive (USL), pursuant to the meeting of its Board of Directors, on the present time announced that it has entered into definitive agreements for the sale of the 100% equity stake held in its wholly owned subsidiary Royal Challengers Sports Non-public Diminutive (RCSPL) to a consortium comprising Aditya Birla Neighborhood (ABG), The Times of India Neighborhood (Times), Inch Ventures (Inch), and Blackstone’s perpetual non-public equity intention, BXPE (Blackstone) for a total consideration of INR 166.6 billion in an all money transaction.
RCSPL owns and operates Royal Challengers Bengaluru (RCB) franchises that lift part within the Indian Premier League (IPL) and Females’s Premier League (WPL). Upon completion of this transaction, the consortium will, thru its ownership of RCSPL, accomplish the rights to secure and operate the IPL and WPL franchise. This announcement concludes the strategic overview of RCSPL that used to be initiated by USL, as announced on November 5, 2025. The transaction is field to sufficient completion of dilapidated closing cases and intellectual, regulatory and other approvals, including from the Board of Adjust for Cricket in India (BCCI) and the Competition Commission of India.
Commenting on the transaction, Praveen Someshwar, MD & CEO, USL, said, “This transaction marks an important milestone for USL as we sharpen focus on our core beverage alcohol business to unlock its true potential with sustained growth, and to continue delivering on long-term value creation for our stakeholders. RCB has grown into the most prominent and commercially successful franchise in the IPL and WPL.””Guided by its ‘Play Bold’ philosophy and a strong competitive spirit, it has built a globally recognized brand and a passionate fan base. We are excited for the future of RCB under the stewardship of the new owner. As Sports enters a new phase of growth in India & globally, we believe this is in the best interest of the franchise and our stakeholders. On behalf of USL, I thank everyone who has contributed to RCB’s journey for their continued support – the BCCI, the fans, players and employees,” he added.
The Buying consortium talked about: “We are proud to become custodians of RCB and grateful to USL and Diageo for the franchise they have built. RCB’s championship-winning culture, its deep connection to Bengaluru, and one of the most passionate fanbases in world sport make this an extraordinary opportunity. We are committed to taking RCB to new heights, on the pitch and beyond.”
Citigroup India and AZB Companions served as advisors and counsel to USL. The Buying Consortium brings together three companions with complementary strengths across sport, media, technology, and brand-constructing Aditya Birla Neighborhood is certainly one of India’s greatest and most precious conglomerates, with operations spanning over 40 countries and a legacy of over 165 years. The Times of India Neighborhood is certainly one of India’s greatest media conglomerates and operates the most comprehensive cricket ecosystem on this planet, encompassing Cricbuzz, Willow TV, Foremost League Cricket, and the London Spirit.
Moreover Read: Rajasthan Royals breaks data with Rs 15k crore deal, turns into costliest IPL franchise
Inch Ventures is the non-public investment platform of David Blitzer, if truth be told one of the most prominent sports activities investors on this planet, with ownership stakes across the EPL, NBA, NHL, NFL, MLB, MLS, and other leagues across 5 continents. Blackstone is the enviornment’s greatest alternative asset supervisor, with $1.3 trillion in assets below management across world investment suggestions.
ANI
