The announcement made to the Bombay Stock Exchange follows Royal Challengers Bengaluru's (RCB) recent historic victory in the IPL. The ownership change is anticipated to finalize by March 31, 2026.
This development has immediately attracted influential investors, marking one of the most notable ownership transitions in IPL history.
Diageo, the parent company of Royal Challengers Sports Pvt Ltd (RCSPL), which owns the IPL and WPL teams, has announced a “Strategic Review of Investment,” signaling its plan to sell the franchise.
“The decision, disclosed to the Bombay Stock Exchange, comes just months after RCB’s historic championship win and is expected to conclude by March 31, 2026.”
“Parent company Diageo has initiated a ‘Strategic Review of Investment’ in Royal Challengers Sports Pvt Ltd (RCSPL), the entity that owns both RCB’s IPL and WPL teams, signaling its intent to sell the franchise.”
RCB now stands at the crossroads of a major off-field transformation, following their long-awaited IPL title success.
Author's summary: Following RCB’s IPL championship, Diageo plans to sell the franchise, with Nikhil Kamath, Ranjan Pai, and Adar Poonawalla emerging as key potential buyers by March 2026.