SOLD! RCB Up for Sale After Historic IPL Win - Lalit Modi Breaks Silence
The fans have been left shocked after former IPL chairman Lalit Modi claimed that Royal Challengers Bangalore (RCB), who won their maiden IPL title after winning IPL 2025, are up for sale. Earlier, there was a rumor about the sale of the franchise, but now, it is almost confirmed that the current owners of RCB are willing to sell it.
Royal Challengers Bangalore (RCB) won their first IPL title after defeating Punjab Kings (PBKS) by 6 runs in the IPL 2025 Final at Narendra Modi Stadium. RCB played exceptional cricket in that season, and the team has done a fantastic job under the new leadership of Rajat Patidar.
Lalit Modi Confirms RCB Sale Rumors
In a social Media post, Lalit Modi, former IPL Commissioner and the league’s founding architect, confirmed that RCB’s current owners, Diageo Plc, have finally decided to put the franchise up for sale. Vijay Mallya was the original owner of the RCB since the franchise was formed, but Diagro Plc acquired the franchise in 2016.
Modi wrote, “It seems the owners have finally decided to take it off their balance sheet and sell it. Having won the IPL, with a strong fan base and a great management team, it could be the only team available as a whole as an IPL franchise.”
Modi highlighted RCB’s immense brand value and their recent championship as a reason why global investors or sovereign funds will aggressively try to take the franchise. Reports suggest that RCB’s valuation could soar to $2 billion (Rs. 200 Crore) or even higher, setting a new benchmark in IPL and sports franchise history.
https://x.com/rcb_reddit/status/1972923255234367914
Is the Bengaluru Stampede the reason?
RCB’s 2025 IPL season will be remembered forever. Under the leadership of Rajat Sharma, the team finally lifted the IPL trophy. However, the celebrations were ruined by a stampede in Bengaluru, which tragically claimed 11 lives during the city parade.
This tragic incident led to stricter protocols for fan gathering and has kept the franchise in the limelight for more than just cricketing reasons. Reports suggest that this could also be one of the major reasons that current owners came to the decision of selling the franchise.
Diageo’s Response and What's Next
While Diageo has previously dismissed sale rumors, the momentum and buzz fuelled by Modi’s post and various media reports have kept fans and market watchers guessing. RCB’s management, meanwhile, has declined to comment on speculation, leaving open the possibility of a record-breaking auction that could change the business of cricket in India.
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