
Bengaluru Tragedy Link to RCB Sale? Owners Call Rumors "Baseless Speculation"
Royal Challengers Bengaluru (RCB) have been in the spotlight ever since they clinched their first-ever Indian Premier League (IPL) title by beating Punjab Kings (PBKS) in the IPL 2024. After their historic win, rumors swirled that RCB's owners, United Spirits, the world’s second-largest liquor company might sell the franchise for a staggering $2 billion. United Spirits took over ownership when Vijay Mallya sold his spirits business, and they’ve been in charge ever since.
United Spirits Shuts Down Sale Speculation
Right after these reports came out, some fans wondered if this might be connected to that heartbreaking incident in Bengaluru where 11 people lost their lives. But RCB fans can relax now - The Economic Times says United Spirits has shut down these rumors completely. The company made it clear they're not even talking about selling RCB.
“This has reference to your email seeking clarification from the Company on media reports about the potential stake sale of RCB. The Company would like to clarify that the aforesaid media reports are speculative in nature and it is not pursuing any such discussions,” source said.
When the IPL started in 2008, Vijay Mallya - the businessman behind Kingfisher Airlines and a major player in India’s liquor industry bought the RCB team. But after Mallya faced financial troubles and his businesses fell apart, Diageo’s Indian arm, United Spirits, took over ownership.What’s interesting is that despite not winning many titles, RCB has built one of the largest fan bases in world cricket. They’re also among the most-followed sports teams globally on social media.
SEE ALSO: RCB New Owner? Diageo Reportedly Looking to Sell $2 Billion RCB Franchise
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