IPL champions Royal Challengers Bengaluru are looking for a new owner, and as many as six high-profile groups have expressed interest. However, Diageo Great Britain, the parent company that now controls RCB, may reverse its decision if its Indian branch, which is opposed to the sale, persuades it not to sell the franchise.

The current owners reportedly are quoting USD 2 billion for RCB.

According to Cricbuzz, the Adani Group, JSW Group, and Adar Poonawalla are among the Indian and American entities that have spoken with Diageo about the potential sale of RCB. Two private American-based equity firms are also considering purchasing the IPL franchise.

Adani Group was one of the main bidders for the Ahmedabad-based IPL franchise in 2022. It almost lost out to CVC Capital Partners.

According to reports, Poonawalla, the CEO of Serum Institute of India, is negotiating with Diageo Plc to buy RCB. Earlier this month, he fueled the rumors on social media. Earlier, Adar’s father, Cyrus Poonawalla, had purchased the Invitation to Tender (ITT) when IPL expanded from 8 to 10 teams in 2010. However, the bids were eventually won by Sahara and Rendezvous Sports.

“At the right valuation, @RCBTweets is a great team…(sic)," he wrote on X (formerly Twitter).  

Furthermore, Delhi Capitals co-owner Parth Jindal will have to leave DC if he finally expresses a genuine interest. Half of DC is owned by the Jindal Group. JSW Sports has a two-year rotational arrangement with co-owner GMR Group to operate the DC.jind

The IPL Valuation Study 2025 by Houlihan Lokey ranked RCB as the most valuable brand out of the ten franchises.