In a latest improvement, former IPL Chairman Lalit Modi claimed that the proprietor of royal challenger Bengaluru (RCB) is actively searching for franchise gross sales. Modi stated present proprietor Diageo PLC has determined to take away the staff from its steadiness sheet and is searching for potential patrons.
2025 is eventful for royal challenger Bengaluru. Notably, the franchise gained its first IPL title and ended its lengthy trophy drought. Nonetheless, the celebration was overshadowed by tragedy when the stampede at Chinnaswamy Stadium in Bengaluru prompted 11 deaths and quite a few accidents.
The RCB proprietor lastly determined to take it – Lalit Modi
Lalit Modi stated Diageo PLC has determined to promote the franchise. Modi famous that the corporate determined to take away the staff from its steadiness sheet and discover potential patrons.
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“There have been a whole lot of rumors in regards to the sale of the @Ipl franchise, particularly the @Rcbtweets. Properly, it has been denied previously. But it surely seems the proprietor has lastly determined to take the steadiness sheet off and promote it.”
The one staff accessible – Lalit Modi
There are rumours a few potential sale of Royal Challengers in Bangalore, and it says Diageo PLC is negotiating with a number of patrons earlier this 12 months.
The IPL victory, loyal fanbase and competent administration gave us a robust curiosity within the franchise. Lalit Modi stated main international funds or sovereign wealth funds are keen to accumulate the RCB as a part of their funding and India-focused technique.
“I am positive we gained final season and within the IPL with its robust followers and naturally the staff itself and an important administration staff. That might be the one staff that can be utilized as a #IPL franchise as an entire.
No extra funding alternatives – Lalit Modi
Lalit Modi predicted that the sale of the Royal Bengaluru challenger might obtain a report valuation. He emphasised that RCB costs are more likely to set new benchmarks for all IPL franchises.
“There is no extra funding alternative to consider than this, and I want everybody good luck with it. It can positively arrange a brand new report score to point out that IPL is just not solely the quickest rising international sports activities league, however it is usually essentially the most worthwhile.
Royal Challengers’ Bengaluru claimed its first IPL title in 2025. The Rajat Patidar-led staff defeated the Punjab Kings within the ultimate. RCB confirmed consistency all through the season, incomes 9 of 14 league matches and putting second with 19 factors.
He then defeated Desk Toppers PBK with eight wickets within the first qualifying spherical to safe a spot within the ultimate. Having beforehand misplaced three IPL finals (2009, 2011, 2016), RCB finally overcome the hurdles with an exciting victory at Narendra Modi Stadium in Ahmedabad.
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