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Last Updated:<\/span>October 02, 2025, 08:31 IST<\/time><\/p>\nAdar Poonawalla is in talks to buy Royal Challengers Bengaluru from Diageo Plc after their IPL victory, with Citi advising on the potential USD 2 billion deal.<\/h2>\n<\/p>\n\n\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/p>\nRCB recently won their first ever IPL trophy. (PTI Photo)<\/p>\n<\/figure>\nChairman 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.<\/p>\nAccording 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.<\/p>\nDiageo Plc, which owns United Sports, is seeking a valuation of USD 2 billion for Bengaluru, as per several reports.<\/p>\nAccording to Houlihan Lokey\u2019s IPL Valuation Study 2025, Bengaluru ranked as the most valuable team this year, both on and off the field.<\/p>\n\u201cAt the right valuation, @RCBTweets is a great team\u2026,” Poonawalla tweeted on Wednesday afternoon.<\/p>\nEarlier, former Indian Premier League commissioner Lalit Modi hinted at a potential sale of the Royal Challengers Bengaluru, suggesting that the owners might be looking to remove the franchise from their balance sheet.<\/p>\nModi shared a news article linking Virat Kohli<\/a>\u2019s Bengaluru team with a potential sale to Poonawalla as well.<\/p>\n\u201cThere have been a lot of rumours about the sale of an @IPL franchise, specifically @RCBTweets- well, in the past they have been denied. But it seems the owners have finally decided to take it off their balance sheet and sell it,” Modi tweeted on Monday evening.<\/p>\n\n\nThere have been a lot of rumour about the sale of an @IPL<\/a> franchise specifically @RCBTweets<\/a> \u2013 well in the past they have been denied. But it seems the owners have finally decided to take it off their balance sheet and sell it. I am sure having won the IPL last season and also\u2026 pic.twitter.com\/ecXfU5n5v5<\/a>\u2014 Lalit Kumar Modi (@LalitKModi) September 29, 2025<\/a><\/p>\n<\/blockquote>\n<\/div>\nAs per reports, buyers are interested in purchasing Bengaluru\u2019s entire stake rather than a partial share, with global investment bank Citi appointed as the transaction advisor.<\/p>\nFirst Published:<\/span><\/p>\n\nOctober 02, 2025, 08:29 IST<\/p>\n<\/div>\n<\/div>\nNews<\/a> cricket<\/a> Adar Poonawalla Sparks Rumours Of Buying Virat Kohli\u2019s RCB: ‘At The Right Valuation…’<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
RCB recently won their first ever IPL trophy. (PTI Photo)<\/p>\n<\/figure>\n
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.<\/p>\n
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.<\/p>\n
Diageo Plc, which owns United Sports, is seeking a valuation of USD 2 billion for Bengaluru, as per several reports.<\/p>\n
According to Houlihan Lokey\u2019s IPL Valuation Study 2025, Bengaluru ranked as the most valuable team this year, both on and off the field.<\/p>\n
\u201cAt the right valuation, @RCBTweets is a great team\u2026,” Poonawalla tweeted on Wednesday afternoon.<\/p>\n
Earlier, former Indian Premier League commissioner Lalit Modi hinted at a potential sale of the Royal Challengers Bengaluru, suggesting that the owners might be looking to remove the franchise from their balance sheet.<\/p>\n
Modi shared a news article linking Virat Kohli<\/a>\u2019s Bengaluru team with a potential sale to Poonawalla as well.<\/p>\n\u201cThere have been a lot of rumours about the sale of an @IPL franchise, specifically @RCBTweets- well, in the past they have been denied. But it seems the owners have finally decided to take it off their balance sheet and sell it,” Modi tweeted on Monday evening.<\/p>\n\n\nThere have been a lot of rumour about the sale of an @IPL<\/a> franchise specifically @RCBTweets<\/a> \u2013 well in the past they have been denied. But it seems the owners have finally decided to take it off their balance sheet and sell it. I am sure having won the IPL last season and also\u2026 pic.twitter.com\/ecXfU5n5v5<\/a>\u2014 Lalit Kumar Modi (@LalitKModi) September 29, 2025<\/a><\/p>\n<\/blockquote>\n<\/div>\nAs per reports, buyers are interested in purchasing Bengaluru\u2019s entire stake rather than a partial share, with global investment bank Citi appointed as the transaction advisor.<\/p>\nFirst Published:<\/span><\/p>\n\nOctober 02, 2025, 08:29 IST<\/p>\n<\/div>\n<\/div>\nNews<\/a> cricket<\/a> Adar Poonawalla Sparks Rumours Of Buying Virat Kohli\u2019s RCB: ‘At The Right Valuation…’<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
\u201cThere have been a lot of rumours about the sale of an @IPL franchise, specifically @RCBTweets- well, in the past they have been denied. But it seems the owners have finally decided to take it off their balance sheet and sell it,” Modi tweeted on Monday evening.<\/p>\n
\nThere have been a lot of rumour about the sale of an @IPL<\/a> franchise specifically @RCBTweets<\/a> \u2013 well in the past they have been denied. But it seems the owners have finally decided to take it off their balance sheet and sell it. I am sure having won the IPL last season and also\u2026 pic.twitter.com\/ecXfU5n5v5<\/a>\u2014 Lalit Kumar Modi (@LalitKModi) September 29, 2025<\/a><\/p>\n<\/blockquote>\n<\/div>\nAs per reports, buyers are interested in purchasing Bengaluru\u2019s entire stake rather than a partial share, with global investment bank Citi appointed as the transaction advisor.<\/p>\nFirst Published:<\/span><\/p>\n\nOctober 02, 2025, 08:29 IST<\/p>\n<\/div>\n<\/div>\nNews<\/a> cricket<\/a> Adar Poonawalla Sparks Rumours Of Buying Virat Kohli\u2019s RCB: ‘At The Right Valuation…’<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
There have been a lot of rumour about the sale of an @IPL<\/a> franchise specifically @RCBTweets<\/a> \u2013 well in the past they have been denied. But it seems the owners have finally decided to take it off their balance sheet and sell it. I am sure having won the IPL last season and also\u2026 pic.twitter.com\/ecXfU5n5v5<\/a>\u2014 Lalit Kumar Modi (@LalitKModi) September 29, 2025<\/a><\/p>\n<\/blockquote>\n<\/div>\nAs per reports, buyers are interested in purchasing Bengaluru\u2019s entire stake rather than a partial share, with global investment bank Citi appointed as the transaction advisor.<\/p>\nFirst Published:<\/span><\/p>\n\nOctober 02, 2025, 08:29 IST<\/p>\n<\/div>\n<\/div>\nNews<\/a> cricket<\/a> Adar Poonawalla Sparks Rumours Of Buying Virat Kohli\u2019s RCB: ‘At The Right Valuation…’<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
As per reports, buyers are interested in purchasing Bengaluru\u2019s entire stake rather than a partial share, with global investment bank Citi appointed as the transaction advisor.<\/p>\n
October 02, 2025, 08:29 IST<\/p>\n<\/div>\n<\/div>\n
Read More<\/span><\/p>\n<\/div>\n