RCB Sold After Historic Title Win; Celebration Marred by Tragedy
(Bengaluru, March 26 / 2026 – Navneet Bansal,Sports Desk of Newsroom 7)
In a major development in the Indian Premier League, Royal Challengers Bengaluru has been sold to a new corporate consortium for approximately $1.78 billion (₹14,000+ crore). The high-profile deal comes soon after the franchise’s historic IPL 2025 title win, which ended its long wait for a championship.
Title Glory and Emotional Celebrations
RCB’s maiden IPL triumph sparked massive celebrations across Bengaluru and among fans worldwide. The victory was seen as a landmark moment in the team’s history, bringing immense joy to its loyal supporters.
Celebrations Marred by Tragedy
However, the jubilation was overshadowed by a tragic incident reported during the victory celebrations, where overcrowding and mismanagement in certain areas led to casualties and injuries among fans.
Authorities had to intervene to control the situation, and the incident raised concerns over crowd management during large-scale public celebrations.
New Ownership Takes Charge
The franchise has now been acquired by a consortium comprising: Aditya Birla Group, Times of India Group, Blackstone,
Bolt Ventures.
Leadership:
Chairman: Aryaman Vikram Birla
Vice Chairman: Satyan Gajwani
End of Previous Ownership
Earlier, the team was owned by United Spirits, a subsidiary of Diageo, which decided to divest the franchise.
Significance of the Deal
Among the largest franchise sales in IPL history.;Boosted by RCB’s championship-winning season. Signals a new era for the franchise under corporate leadership
