RCB put up for sale: Royal Challengers Bengaluru begin sale process, target March 31 completion

Mayank Bande

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RCB put up for sale: Royal Challengers Bengaluru begin sale process, target March 31 completion image

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Earlier in the summer, Royal Challengers Bengaluru (RCB) ended their 18 year wait to win the Indian Premier League (IPL) after they defeated the Punjab Kings (PBKS) in the final by 6 runs.

Soon after they clinched their first title, the murmurs of the sale of the franchise started catching attention. Upon the Bombay Stock Exchange (BSE) seeking clarification from the owners, the rumours were dismissed by Diageo.

Despite the owners terming the rumours as 'speculative', the interest from the potential buyers kept increasing before the team went up for grabs.

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RCB officially put on sale after the 2025 title win

In a communication with the BSE on Wednesday, November 5, Diageo, the owners, have officially disclosed their intention to sell both the men's and women's teams before the next season starts.

According to Cricbuzz, Diageo called it a "Strategic Review of the Investment in Royal Challengers Sports Pvt Ltd (RCSPL).

"The USL is initiating a strategic review of the investment in its wholly owned subsidiary, RCSPL. RCSPL's business comprises ownership of the Royal Challengers Bengaluru (RCB) franchise team that participate in the men's Indian Premier League (IPL) and Women's Premier League (WPL) cricket tournaments hosted by the Board of Control for Cricket in India (BCCI) annually," said the company in their disclosure to the BSE.

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As of now, the owners are looking to complete the sale of the IPL and WPL teams before the end of the financial year, i.e., March 31.

Currently, as many as six different buyers have shown interest in buying the team, including JSW, who are the 50% owners of the Delhi Capitals. The JSW group also owns the Bengaluru based football club, Bengaluru FC.

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Contributing Writer