Brief by Shorts91 Newsdesk / 06:27pm on 24 Mar 2026,Tuesday Sports
Royal Challengers Bengaluru has been sold for over Rs 16,000 crore in a record IPL deal. A group led by the Aditya Birla Group bought the team from United Spirits. The deal is worth about $1.78 billion. It makes RCB the most expensive IPL franchise ever. Aryaman Vikram Birla will be chairman. Satyan Gajwani will be vice chairman. The new owners said they want to grow RCB into a global brand. RCB is also the current IPL champion. The deal shows the rising value of the IPL. Earlier, Rajasthan Royals was sold for around Rs 15,290 crore in another major deal. (PC: BCCI)