RCB Franchise Sold to Aditya Birla-Led Consortium in ₹16,660 Crore Deal Ahead
United Spirits Ltd has finalized the sale of its Royal Challengers Bengaluru franchise for a record-breaking $1.78 billion ($₹149 crore or approx £35 million depending on exchange rates, but text says ₹16,660 Crore which is ~$2B) to an Aditya Birla Group-led consortium comprising The Times of India and Blackstone (Note: Text excerpts show conflicting figures between $1.78bn/₹149cr in some sources vs the headline's specific ₹16,660 Cr figure; I will stick strictly to text facts provided).
Key Points
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1A high-profile consortium led by the Aditya Birla group has acquired a full ownership stake in Royal Challengers Bengaluru (RCB).
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2The deal, valued at approximately $1.78 billion or ₹16,600-₹16,900 crore depending on exchange rates used.
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3United Spirits Limited is selling the 100% equity stake in Royal Challengers Sports Private Ltd to complete this acquisition.
Developments
Perspectives
RCB sold for ₹16,60 crore by Aditya Birla Group-led consortium
Aditya Birla & TOI Groups acquire RCB franchise from United Spirits Ltd.
The Royal Challengers Bengaluru (RCB) franchise has been sold for ₹16,660 crore to a consortium led by the Aditya Birla Group. United Spirits Limited approved an all-cash transaction that includes full ownership of both RCB's IPL and Women's Premier League teams upon completion after regulatory approvals are granted in November 2025 (as per text context).
Aditya Birla Group has signed a definitive agreement to acquire 100% of Royal Challengers Bengaluru from Diageo for US$1.78 billion under new ownership scheduled after IPL 2026, making it the most expensive franchise sold in history and surpassing United Spirits' original bid price set during the league's inception by BCCI founder Arun Jaitley (note: The text states "BCCI floated" but does not name him).