On March 26, 2026, a significant shift occurred in the world of Indian Premier League (IPL) cricket as the ownership of Royal Challengers Bengaluru (RCB) transitioned from Vijay Mallya to a consortium led by the Aditya Birla Group. This moment marked a pivotal point in the franchise’s history, especially considering Mallya’s long-standing association with the team since its inception.

Mallya, who purchased RCB in 2008 for INR 450 crore, has seen his investment journey with the team evolve over the years. Despite facing criticism for what many deemed an extravagant investment, Mallya’s passion for cricket was evident. He famously stated, “RCB will always remain a part of my DNA,” reflecting his deep connection to the franchise.

The sale, valued at an astonishing INR 16,660 crore, is now recognized as the biggest deal in IPL history. This all-cash transaction involved the complete sale of United Spirits Limited’s 100 percent equity in Royal Challengers Sports Private Limited (RCSPL), the entity that operates RCB.

The consortium acquiring RCB includes notable organizations such as The Times of India Group, Bolt Ventures, and Blackstone, indicating a strong backing and a promising future for the franchise. Mallya extended his congratulations to the new owners, stating, “I would like to heartily congratulate the new owners of RCB,” signaling a respectful handover.

As of now, the sale is pending regulatory approvals from the Board of Control for Cricket in India (BCCI) and the Competition Commission of India. These approvals are crucial for the deal to be finalized and for the new ownership to take full control of the franchise.

This transition matters significantly not only for Mallya but also for the fans and stakeholders of RCB. The change in ownership could bring new strategies and investments that might enhance the team’s performance in future IPL seasons.

With a new era on the horizon, RCB supporters are eager to see how the fresh leadership will shape the franchise’s direction. The expectations are high, and the cricketing community is watching closely as the new owners prepare to make their mark.

In a landscape where sports ownership is increasingly competitive, the successful acquisition of RCB by the Aditya Birla Group and its partners could set a new benchmark for future transactions in the IPL.

As the dust settles on this monumental deal, the cricketing world awaits further developments, hoping for a seamless transition that honors the legacy of the past while paving the way for a vibrant future.

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In a landmark development for Indian cricket, the Aditya Birla Group, alongside The Times of India Group, Bolt Ventures, and Blackstone, has acquired 100% of the Royal Challengers Bengaluru (RCB) from United Spirits Ltd. This significant transaction, which took place on March 25, 2026, is valued at an astonishing US$1.78 billion (approximately ₹16,660 crore), making it the most expensive IPL franchise sold to date.

The acquisition has been described as a strategic move for United Spirits, which initiated a review of its holding in RCB back in November 2025. This decision allows the beverage giant to refocus on its core business while handing over the reins of one of the most popular franchises in the Indian Premier League to a consortium that is eager to elevate the team’s status further.

As part of the new leadership structure, Aryaman Vikram Birla will take on the role of RCB chairman, with Satyan Gajwani serving as vice-chairman. Their appointments signal a commitment to not just maintaining but enhancing the franchise’s legacy, which has seen RCB become a fan favorite despite its lack of IPL titles over the years.

RCB’s history is notable; the franchise has been part of the IPL since its inception, and despite not securing a championship, it boasts a passionate fanbase and significant market presence. The acquisition includes full ownership of both the IPL and Women’s Premier League (WPL) teams, indicating a broader vision for growth and investment in cricket.

Kumar Mangalam Birla expressed pride in the acquisition, stating, “RCB, as one of the most compelling franchises in modern sport, offers the Aditya Birla Group a distinctive platform to extend its legacy of institution-building into the arena of global sport.” This sentiment reflects the consortium’s ambition to not only manage the franchise but to also contribute to its evolution in the competitive landscape of cricket.

David Blitzer, a member of the consortium, added, “RCB has a world-class fanbase, and the IPL is one of the great growth stories in global sport.” This highlights the potential for further investment and development within the franchise, which could lead to enhanced performance on the field and increased engagement with fans.

The acquisition is currently awaiting customary closing conditions, including approval from the Board of Control for Cricket in India (BCCI) and the IPL governing council. As the IPL’s total value is pegged at USD 18.5 billion, this acquisition not only underscores the financial viability of cricket franchises but also the growing interest from major corporations in the sport.

As the dust settles on this monumental deal, the consortium has expressed excitement about the future. Viral Patel from Blackstone remarked, “We are excited to invest in RCB, building on Blackstone’s long-standing commitment to India.” The coming months will be crucial as the new ownership prepares to unveil their vision for RCB and its dedicated fanbase, who are eager for a successful chapter in the franchise’s storied history.

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