Royal Challengers Bengaluru (RCB) has become the most valuable team in Indian Premier League history following a definitive agreement to sell 100% ownership at a valuation of $1.78 billion. This marks one of the largest franchise deals in cricket and sets a new benchmark for IPL team valuations.
The acquisition is being carried out by a consortium comprising Aditya Birla Group, Times of India Group, Bolt Ventures, and Blackstone. The seller, United Spirits Limited, is exiting the franchise entirely as part of the transaction.
The deal includes the full RCB ecosystem, covering both the men’s IPL team and the women’s team competing in the Women’s Premier League (WPL). While the agreement has been finalized, the transaction is subject to approvals from the Board of Control for Cricket in India, the IPL Governing Council, and other regulatory authorities before completion.
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