Updated 10 June 2025 at 21:41 IST
Amid Sale Rumours, RCB Owner Quashes Speculations Of Selling Stakes, Claims IPL 2025 Champions 'Not For Sale': Report
The owner of IPL 2025 champions Royal Challengers Bengaluru has rejected all the speculations of selling stakes in the team.
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RCB lift their maiden IPL title after beating Punjab Kings in 2025 Final | Image:
AP
The owner of the Royal Challengers Bengaluru have dismissed reports of selling stakes in the IPL 2025 champions. Earlier, a Bloomberg report claimed that Diageo India, the Indian arm of UK-based Diageo Plc is open to divesting its stake in Virat Kohli's side.
RCB Owners Dismissed Stake Sale Rumours
As per Cricbuzz, Mital Sanghvi, the company secretary of in a letter to the Bombay Stock Exchange (BSE) and BSE Surveillance Department has confirmed the development. "The company would like to clarify that the aforesaid media reports are speculative in nature and it is not pursuing any such discussion. This is for your information and records."
The company responded to an email from the BSE and refuted all the speculations. RCB finally ended their prolonged title drought with a six-run win over Punjab Kings in the IPL 2025 final in Ahmedabad on June 3. Diageo's stocks saw a surge after reports of the owners selling the franchise hit the news. RCB remains one of the most popular franchises, and as per the Blooombrg report, the company is seeking a valuation to the tune of $2 billion for the IPL 2025 champions.
The Bengaluru-based team has been with the IPL since 2008 and happens to be one of the eight teams which started this cricketing extravaganza.
IPL Has Seen Ownership Change Over The Years
IPL has witnessed multiple ownership changes from the start. Rajasthan Royals owners divested a minority stake to RedBird Capital. The investment management firm also has other sporting teams under its wings and has a minority stake in Premier League champions Liverpool.
Delhi Capitals also currently have dual ownership with both GMR and JSW having controlling stakes. Sunrisers Hyderabad also replaced the defunct Deccan Chargers and is now being owned by the Sun Group. Over the years, IPL's popularity has boomed, and all the franchises have seen their fan bases grow bigger and bigger.
Published 10 June 2025 at 20:53 IST