Chairman of Poonawalla Fincorp, Adar Poonawalla, has sparked rumours of buying the Royal Challengers Bengaluru, with rumours of him buying the defending champion franchise going around for the past few days. Reports suggest that the team is up for grabs, four months after winning their maiden IPL trophy.

According to reports, Poonawalla has initiated talks with Diageo Plc, the current owners of Bengaluru, regarding the potential purchase of the franchise. However, it is still uncertain whether Diageo plans to sell its entire stake in the team.

Diageo Plc, which owns United Sports, is seeking a valuation of USD 2 billion for Bengaluru, as per several reports.

According to Houlihan Lokey’s IPL Valuation Study 2025, Bengaluru ranked as the most valuable team this year, both on and off the

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