Royal Challengers Bengaluru has emerged as one of the most sought-after assets in global franchise cricket, after getting back-to-back success in both IPL and WPL, the franchises are attracting several high-profile investors. The investors have submitted bids for the team’s ownership across the Indian Premier League (IPL) and Women’s Premier League (WPL). RCB is currently owned by Diageo, they started the selling process in November and it is expected that the deal will be complete till march.
Also Read | No punishment, no backlash: Why has ICC spared Bangladesh after World Cup snub?
Strong investor interest after title success
As they are the current champions of IPL and WPL, Royal Challengers Bengaluru has seen its valuation surge. According to a report by ESPNcricinfo, at least eight serious bidders are shortlisted, The twin title triumphs have significantly enhanced RCB’s commercial and sporting appeal. Reportedly, RCB has attracted some major investors. Among the notable bidders is Lancer Capital, the investment firm linked to Avram Glazer, a co-owner of Manchester United. Glazer’s interest signals growing cross-sport investment in cricket franchises, with the proposed bid believed to be in the billion-dollar range. Several have reported that the Glazer family has submitted a bid worth US $1.8 billion.
Indian and global business groups in contention
The bidding pool also includes prominent Indian conglomerates and entrepreneurs, such as the Manipal Group and Serum Institute of India chief Adar Poonawalla.
The sale process is being monitored by the Board of Control for Cricket in India, with binding offers and final negotiations expected in the coming weeks.
Also Read | Ranji Trophy quarter-finals: Bengal storm into semi-finals after dominant win over Andhra Pradesh
With multiple heavyweight bidders still in the race, attention will now turn to the final valuation and ownership structure, as one of cricket’s most recognisable franchises moves closer to a potential change in control.
