RCB sold for ₹16,660 crore as Aditya Birla–TOI consortium takes charge

In a landmark transaction in Indian sports, United Spirits Limited has announced the sale of its 100% stake in Royal Challengers Sports (RCSPL), the owner of Royal Challengers Bengaluru, to a consortium led by Aditya Birla Group and The Times of India Group.

The deal, valued at ₹166.6 billion (₹16,660 crore), will see the consortium—also comprising Bolt Ventures and Blackstone acquire full ownership of RCSPL in an all-cash transaction.

Under the proposed structure, Aryaman Vikram Birla will assume the role of chairman, while Satyan Gajwani will serve as vice chairman of the franchise.

The transaction is subject to approvals from the Board of Control for Cricket in India and other regulatory authorities, including the Competition Commission of India.

Originally one of the eight founding teams of the Indian Premier League in 2008, RCB was first acquired by Vijay Mallya before coming under the control of Diageo in 2016. RCSPL also operates the franchise in the Women’s Premier League.

The divestment follows a strategic review initiated by USL in November 2025, as the company sharpens focus on its core beverage alcohol business.