The Royal Challengers Bengaluru franchise is officially up for sale, and the current owners, Diageo, want to find new owners by March 31, 2026. This strategic move is a big change in how the Indian Premier League is owned. Tilak Varma and other up-and-coming stars will keep going on their own paths, no matter who owns the franchise.
The sale process has gotten a lot of attention in cricket circles and from potential investors who want to buy a prestigious IPL team with a lot of brand recognition and commercial value.
The time frame given by Diageo gives everyone enough time to do their due diligence and finish negotiations before the deadline. This sale marks a big change for RCB, one of the league’s oldest teams.
The Royal Challengers Bengaluru (RCB) are officially for sale, and Diageo, the franchise’s owners, want to find new owners by March 31, 2026. The owners of the RCB have begun the sale process and have made the information public.
“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 statement, according to Cricbuzz.
In their cover letter to the BSE, Diageo and USL said they were making the disclosure because of regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirement). The disclosure also said they want to finish the process by March 31 of next year.More must-reads:
+
Get the latest news and rumors, customized to your favorite sports and teams. Emailed daily. Always free!