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IPL 2026: March 16 Final Deadline for RCB and RR Sale Bids, Key Buyers Revealed

IPL 2026: March 16 Final Deadline for RCB and RR Sale Bids, Key Buyers Revealed

[ Poll: 8LDX2oLk ]

Today is the deadline for buyers to submit their bids for Royal Challengers Bengaluru and Rajasthan Royals. RCB’s current owner, Diageo, has put the franchise up for sale. Rajasthan Royals, owned by Emerging Media Ventures led by Manoj Badale, is also looking to sell a majority stake. The development in the process comes just 12 days before the start of IPL 2026, which is scheduled to begin from March 28 onwards.

According to State of Play Club, March 16 is the final day for interested buyers to submit official bids for RR and RCB. Six parties are ready to bid for IPL 2025 champions RCB, while four parties are in the race to buy a majority stake in RR. Among the parties interested in buying RCB include EQT, Avram Glazer, Ranjan Pai and KKR, Adar Poonawalla, the Times of India Group, Premji Invest and Capri Global. As for RR, Aditya Birla Group along with Bolt Ventures, the Times of India Group, Capri Global, Avram Glazer and Kal Somani are in the running.

On Sunday, reports said former IPL chairman Lalit Modi has joined hands with Kal Somani to bid for a majority stake in RR. As for RCB, the franchise is believed to be worth around $1.5 to $2 billion. Earlier, reports had suggested that Diageo wanted to sell RCB ahead of IPL 2026 as they were worried about the downfall in the brand’s value after Virat Kohli’s imminent exit, apart from the Bengaluru stampede which affected the franchise deeply.

RCB interested parties

  • EQT

  • Aditya Birla Group, with David Blitzer’s Bolt Ventures

  • Avram Glazer, through Lancer Capital

  • Ranjan Pai, with KKR and Temasek

  • Adar Poonawalla, with TPG

  • Times of India Group

  • Others mentioned: Premji Invest, Capri Global

RR interested parties

  • Times of India Group

  • Capri Global

  • Avram Glazer, through Lancer Capital

  • Kal Somani, with Rob Walton

 

LastModified Date: 2026-03-16 16:21:38

FAQs

Q. What is the deadline for RCB and RR sale bids?
A.

March 16 is the final day for interested buyers to submit official bids for Royal Challengers Bengaluru and Rajasthan Royals.

Dwijesh
Dwijesh

A dedicated cricket content writer with a proven track record at The Cricket Winner, I deliver sharp, reliable coverage of match-day news, previews, and in-depth analysis. My expertise extends to Dream11/fantasy‑cricket content, offering data-driven player stats, insightful tips, and strategy-focused predictions that resonate with fans and fantasy players alike. Combining a keen eye for detail with editorial rigor, I’m committed to producing engaging, high‑accuracy content that builds trust and readership.

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Manoj Badale
Avram Glazer
Adar Poonawalla
Ranjan Pai

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