Lalit Modi Makes Stunning Claim About Popular IPL Franchise: 'Owners Have Decided To...'
8 Articles
8 Articles
$2 billion RCB Sale? Diageo to exit as Adar Poonawalla emerges frontrunner
New Delhi: British spirits giant Diageo has initiated the process of selling its stake in the Indian Premier League (IPL) franchise Royal Challengers Bangalore (RCB), aiming for a valuation close to $2 billion, according to news reports. The news reports further stated that Adar Poonawalla, CEO of the Serum Institute of India, has emerged as a key contender in the race to acquire the team. The sale, handled by global investment bank Citi as the…
Fans Shocked: RCB Sale Mean Virat’s Exit?
RCB’s 2025 has been full of drama. After finally winning their first IPL trophy, tragedy struck with a parade stampede in Bengaluru. Now reports suggest RCB’s owners, Diageo Plc, are preparing to sell the franchise, sparking fresh debate among fans. Lalit Modi Confirms Sale Rumours Former IPL commissioner Lalit Modi confirmed on X that RCB […] The post Fans Shocked: RCB Sale Mean Virat’s Exit? appeared first on M9.news.
IPL 2025 champions Royal Challengers Bangalore are now up for sale. Reports suggest that British spirits giant Diageo PLC has decided to sell the franchise. The question is how much will RCB be worth, and who is interested in buying it? The answers to both questions are now emerging. RCB is valued at Rs 17,753 crore According to media reports, RCB has been valued at Rs 17,753 crore. This amount is shocking, but what is even more interesting is t…
United Spirits Reacts After Reports Fuel RCB Sale Speculations
There have been multiple news reports on the stake sale of Indian Premier League (IPL) team Royal Challengers Bangalore (RCB). However, United Spirits Ltd., the current owner of the franchise on Tuesday refused to comment on the "market speculation". "The company would not like to comment as it does not respond to market speculation," the company said in an exchange filing on Tuesday.
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