{"id":23319,"date":"2025-11-06T19:43:11","date_gmt":"2025-11-06T19:43:11","guid":{"rendered":"http:\/\/tezgyan.com\/index.php\/2025\/11\/06\/adani-group-ravi-jaipuria-enter-race-to-buy-royal-challengers-bengaluru-report-cricket-news\/"},"modified":"2025-11-06T19:43:11","modified_gmt":"2025-11-06T19:43:11","slug":"adani-group-ravi-jaipuria-enter-race-to-buy-royal-challengers-bengaluru-report-cricket-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/11\/06\/adani-group-ravi-jaipuria-enter-race-to-buy-royal-challengers-bengaluru-report-cricket-news\/","title":{"rendered":"Adani Group, Ravi Jaipuria Enter Race To Buy Royal Challengers Bengaluru: Report | Cricket News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9685873\">\n<p><span class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">Last Updated:<\/span><time class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">November 06, 2025, 23:17 IST<\/time><\/p>\n<h2 id=\"asubttl-9685873\" class=\"jsx-c9f81425ec968c48 jsx-2001685072 asubttl-schema\">Royal Challengers Bengaluru attracts six potential buyers as Diageo considers selling the IPL team, with interest from Adar Poonawalla.<\/h2>\n<div class=\"jsx-c9f81425ec968c48 jsx-2001685072\">\n<figure class=\"jsx-c9f81425ec968c48 jsx-2001685072 amimg\"><img decoding=\"async\" alt=\"Virat Kohli along with his teammates, celebrates with the trophy after winning IPL 2025 (Picture credit: AFP)\" title=\"Virat Kohli along with his teammates, celebrates with the trophy after winning IPL 2025 (Picture credit: AFP)\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-c9f81425ec968c48 jsx-2001685072\"\/><\/p>\n<p>Virat Kohli along with his teammates, celebrates with the trophy after winning IPL 2025 (Picture credit: AFP)<\/p>\n<\/figure>\n<\/div>\n<p id=\"0\" class=\"story_para_0\">Royal Challengers Bengaluru is the hottest property in the market at the moment, with as many as six companies interested in buying the franchise, who are the defending champions of the Indian Premier League.<\/p>\n<p id=\"2\" class=\"story_para_2\"><span class=\"cf0\">Bengaluru\u2019s hunt for potential buyers has gathered pace, with as many as six interested parties waiting in the wings, <\/span><span class=\"cf0\">if Diageo Great Britain, the team\u2019s parent company, decides to sell, a move that Indian stakeholders remain uncertain <\/span><span class=\"cf0\">about.<\/span><\/p>\n<p id=\"4\" class=\"story_para_4\"><span class=\"cf0\">The general perception is that Diageo could still make a last-minute U-turn, even as reports suggest that multiple shareholders are uneasy about the company holding on to an IPL side,<\/span><span class=\"cf0\">\u00a0a business outside its core operations.<\/span><\/p>\n<p id=\"6\" class=\"story_para_6\"><span class=\"cf0\">According to a <\/span><em><span class=\"cf0\">Cricbuzz<\/span><\/em><span class=\"cf0\"> report, multiple Indian and American groups have held talks with Diageo\u2019s management, including high-profile names like Serum Institute\u2019s Adar Poonawalla and JSW Group\u2019s <\/span><span class=\"cf0\">Parth<\/span><span class=\"cf0\"> Jindal.<\/span><\/p>\n<p id=\"8\" class=\"story_para_8\"><span class=\"cf0\">The Adani Group and a prominent Delhi-based business tycoon with interests across several sectors are eyeing the team as well. In addition to these four, two United States-based private equity firms are said to be exploring their options as well.<\/span><\/p>\n<p id=\"9\" class=\"story_para_9\">Ravi Jaipuria, chairperson of Varun Beverages, is also looking to buy the franchise. It is <span class=\"cf0\">one of the largest bottling partners for PepsiCo\u2019s soft drink brands outside the United States and Devyani International, which is India\u2019s largest franchisee of Yum!<\/span><\/p>\n<p id=\"12\" class=\"story_para_12\"><span class=\"cf0\">The Poonawalla family has long shown interest in IPL ownership. <\/span><span class=\"cf0\">Adar\u2019s father, Cyrus Poonawalla, had even bid for a franchise during the league\u2019s 2010 expansion under Lalit Modi, though the teams went to Sahara and Rendezvous Sports. <\/span><\/p>\n<p id=\"13\" class=\"story_para_13\"><span class=\"cf0\">Those Pune and Kochi franchises, however, did not last long. Adar sparked buzz with a post on X, saying, \u201cAt the right valuation, @RCBTweets is a great team\u2026(sic).&#8221;<\/span><\/p>\n<p id=\"14\" class=\"story_para_14\">Reports suggest Poonawalla may partner with a United States-based investment firm for a potential bid.<\/p>\n<p id=\"16\" class=\"story_para_16\"><span class=\"cf0\">The Jindal Group owns a 50% stake in the Delhi Capitals and would need to exit that team to make a serious bid for Bengaluru. The Adani Group\u2019s interest in the IPL is no secret either; <\/span><span class=\"cf0\">it missed out on acquiring the Ahmedabad team when the BCCI added two new franchises three years ago.<\/span><\/p>\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-1\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"81a181c8-9648-43d3-a051-7c5b45090051\" data-message-model-slug=\"gpt-5\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[1px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words dark markdown-new-styling\">\n<p data-start=\"0\" data-end=\"307\" data-is-last-node=\"\" data-is-only-node=\"\">As per the report, Diageo has appointed two private banks, including Citi, to advise on the potential sale. However, it remains uncertain whether the deal will go through, as Diageo\u2019s India arm isn\u2019t in favour.<\/p>\n<p data-start=\"0\" data-end=\"307\" data-is-last-node=\"\" data-is-only-node=\"\">Multiple of its officials travelled to the United Kingdom to discuss the matter.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-2001685072 atbtlink fp\"><span>First Published:<\/span><\/p>\n<div class=\"rs\">\n<p>November 06, 2025, 23:15 IST<\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-2001685072 brdcrmb\"><a href=\"https:\/\/www.news18.com\/\">News<\/a>  <a href=\"https:\/\/www.news18.com\/cricket\/\">cricket<\/a>  <span class=\"brdout\"> Adani Group, Ravi Jaipuria Enter Race To Buy Royal Challengers Bengaluru: Report<\/span><\/div>\n<div id=\"coral-wrap\" class=\"jsx-ba4d8f086a12294f \">\n<div class=\"jsx-ba4d8f086a12294f coral-cont\">\n<div class=\"jsx-ba4d8f086a12294f coltoptxt\">Disclaimer: 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 <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-ba4d8f086a12294f\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-ba4d8f086a12294f\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<p><span class=\"jsx-c9f81425ec968c48 jsx-2001685072 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/cricket\/adani-group-ravi-jaipuria-enter-race-to-buy-royal-challengers-bengaluru-report-ws-l-9685873.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:November 06, 2025, 23:17 IST Royal Challengers Bengaluru attracts six potential buyers as Diageo considers selling the IPL team, with interest from Adar Poonawalla. Virat Kohli along with his teammates, celebrates with the trophy after winning IPL 2025 (Picture credit: AFP) Royal Challengers Bengaluru is the hottest property in the market at the moment,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":23320,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[],"class_list":["post-23319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cricket"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/23319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=23319"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/23319\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/23320"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=23319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=23319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=23319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}