Birla-Blitzer Consortium Considers Bid for Royal Challengers Bengaluru, Adding Twist to Race
Loading more articles...
Birla-Blitzer Consortium Eyes Royal Challengers Bengaluru Bid, Adding Twist to Race
M
Moneycontrol•22-03-2026, 06:14
Birla-Blitzer Consortium Eyes Royal Challengers Bengaluru Bid, Adding Twist to Race
•The Aditya Birla Group and David Blitzer consortium, previously interested in Rajasthan Royals, is now evaluating a bid for Royal Challengers Bengaluru (RCB).
•This potential entry could create a three-way bidding war for RCB, alongside consortia led by Dr. Ranjan Pai and EQT-Premji Invest.
•RCSPL, a subsidiary of Diageo's United Spirits, owns the RCB franchise for IPL and WPL tournaments.
•The sale process for RCSPL is part of a strategic review, with the asking price for a 100% stake around $2 billion.
•IPL regulations prevent a single entity from owning two teams, and other IPL teams like KKR and LSG are also exploring stake sales.