Indian business tycoon Adar Poonawalla has seemingly hinted at buying the renowned Indian Premier League (IPL) franchise Royal Challengers Bengaluru ( RCB ) ahead of the 2026 edition. Taking to X, Poonawalla wrote, “At the right valuation, @RCBTweets is a great team.” The United Spirits Limited has reportedly put the franchise up for sale.
RCB Sale Valued at $2 Billion
For the unversed, United Spirits Limited is a subsidiary of Diageo, a British alcoholic beverage company headquartered in London. According to media reports, Poonawalla has emerged as the frontrunner to acquire USL’s entire stake in the franchise. As claimed by CNBC TV-18, USL has called for a valuation of a mind-boggling $2 billion that amounts to nearly ₹17,762 crore. Diageo has refused to comment on the matter.
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