The RCB acquisition by a consortium including Aditya Birla Group and Blackstone values the Royal Challengers Bengaluru cricket franchise at approximately $1.78 billion. The agreement covers both its men’s Indian Premier League team and its Women’s Premier League team.

Key Takeaways

  • The buyers agreed to acquire 100% of RCB from United Spirits, a Diageo subsidiary.
  • The agreement was subject to regulatory approvals and other closing conditions when announced.

RCB acquisition terms

The consortium’s agreement to acquire Royal Challengers Bengaluru values the franchise at 166.6 billion Indian rupees, or approximately $1.78 billion. Alongside Aditya Birla Group and Blackstone, the buyers include Bolt Ventures and The Times of India Group.

The transaction was subject to customary closing conditions, including approvals from the Board of Control for Cricket in India and the Competition Commission of India. The announcement does not establish whether the acquisition has since closed.

IPL transactions and media revenue

The RCB agreement was one of two major IPL ownership transactions cited in 2026. Rajasthan Royals was acquired by a group involving Lakshmi Mittal and Adar Poonawalla in a deal valued at $1.65 billion.

IPL franchises receive revenue through a central pool that includes media rights and league sponsorships. Teams also earn money from sponsorships, ticket sales and merchandise. The league’s five-year media rights package for 2023–2027 was worth approximately $6.2 billion.

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