RCB Up for Sale After First IPL Trophy Win? Six Business Tycoons Eye the Franchise

Royal Challengers Bangalore (RCB) finally won their first-ever IPL trophy, and fans are still celebrating the big victory. But even before the excitement settles, there's already a big buzz - reports say that RCB could soon get new owners.

According to reports, six top businessmen, including the owner of Delhi Capitals, are showing interest in buying the RCB franchise.

RCB Sale Price and Current Owner

The team is currently owned by British liquor giant Diageo, which is reportedly planning to sell RCB for nearly $2 billion (₹17,592 crore). However, insiders say Diageo could still change its decision and retain ownership of the team.

Who Are the Interested Buyers?

Among the top contenders to buy RCB are:

• Parth Jindal, co-owner of Delhi Capitals and part of JSW Group
• Adar Poonawalla, CEO of Serum Institute of India
• The Adani Group
• A Delhi-based industrialist
• Two private equity firms from the U.S.

Adar Poonawalla Leads the Race to Buy RCB

Industry reports say Adar Poonawalla is the most serious bidder. He may also form a partnership with American investors for the deal. Poonawalla, who has also invested in the film industry, has been waiting since 2010 for a chance to invest in an IPL team - and RCB could finally make that dream come true.

Valuation and Challenges Ahead

The franchise valuation will depend on the upcoming IPL broadcaster deal, which is due for renewal in a couple of years.

However, following the June 4 stampede incident outside Bengaluru's M. Chinnaswamy Stadium, some investors remain cautious about taking over the franchise. The ongoing investigation and uncertainty around the venue's return to full-scale cricket events could influence final decisions.