RCB sold for $1.78B in record IPL deal
Royal Challengers Bengaluru were sold in 2024 for $1.78 billion to a consortium led by Aditya Birla Group, Blackstone and partners, marking a record-breaking IPL franchise sale driven by rising league valuations and global investor demand.
The deal underlines RCB’s commercial power, with its massive fanbase and sponsorship appeal outweighing the lack of trophies. “This is a milestone for sports investment,” a consortium voice told Times of India. A league source added, “RCB’s brand makes it a premium asset.” An analyst noted, “IPL teams are now global business giants.”
With Virat Kohli central to its identity, RCB remain a financial heavyweight.