Aditya Birla–Times of India Consortium Acquires RCB for $1.78 Billion

In a landmark development for franchise cricket, a consortium led by the Aditya Birla Group and Times of India Group has acquired the Royal Challengers Bengaluru (RCB) for a staggering USD 1.78 billion (approx. ₹16,700 crore). The deal marks one of the biggest ownership changes in the history of the Indian Premier League and highlights the rapidly growing commercial value of the tournament.

The consortium also includes global investment firms such as Bolt Ventures and Blackstone. Together, they have signed a definitive agreement to acquire 100% stake in the franchise from United Spirits Limited, a subsidiary of Diageo. The acquisition covers both the men’s IPL team and the women’s team competing in the Women's Premier League.

New Leadership Structure

Under the new ownership, Aryaman Vikram Birla will take over as Chairman of the franchise, while Satyan Gajwani is set to become Vice Chairman. The leadership team is expected to focus on strengthening RCB’s global brand and expanding commercial opportunities.

Record-Breaking Valuation

The acquisition value of $1.78 billion places RCB among the most expensive cricket franchises in the world. The valuation reflects the franchise’s growing brand strength, strong fan base, and recent on-field success, including winning its maiden IPL title in 2025. The surge in broadcast rights, sponsorship revenue, and global interest in IPL franchises has driven such record-breaking deals.

Strategic Move by United Spirits

The previous owner, United Spirits, decided to divest the franchise following a strategic review of its business operations. The “all-cash” deal transfers full ownership and operational control of both RCB teams to the new consortium, subject to regulatory approvals from the Board of Control for Cricket in India and other authorities.

A New Era for RCB

The ownership change comes at a time when RCB is enjoying peak popularity and commercial success. With strong corporate backing and international investment expertise, the franchise is expected to further strengthen its global presence and expand its footprint in sports entertainment. The deal also underlines the IPL’s position as one of the most valuable sporting leagues in the world.

The acquisition signals a new chapter for RCB, with fans eager to see how the new ownership group shapes the team’s future both on and off the field.

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